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DOGEUSDT The price fell 2.3%, while Binance open interest increased during the same period 3.3%。
🇨🇳 🔻 [DOGEUSDT] Binance open interest +3.3%; price fell 2.3% over the past 3600 seconds; open interest: 213600000 USD; open interest-to-market capitalization ratio: 1.6%; 24-hour price change: -1.5% 🇺🇸 🔻 [DOGEUSDT] Binance openinterest +3.3%, Price -2.3% in the past 3600 seconds, OI: $213.6M, OI/Marketcap ratio: 1.6%, 24H Price Change: -1.5%
💰 Market Cap DOGE MarketCap: 13.2B
Binance DOGEUSDT open interest increased 3.3%。
past 3600 seconds,DOGEUSDT the price fell 2.3%。
Open interest was 213600000 USD.
The open interest-to-market capitalization ratio was 1.6%.
24 Hourly price change: -1.5%。
DOGE Market capitalization: 13200000000 USD。
The following is analysis, separate from reported facts. Verify important claims independently.
Open interest represents the size of contracts that have not yet been closed. Here, the price fell while open interest increased, indicating that the scale of open positions in the derivatives market expanded during this period, but the source text does not state whether the newly added positions were long or short.
The simultaneous change in price and open interest suggests that short-term contract trading activity warrants attention; these data alone cannot determine the subsequent price direction.
Beginners should note that an increase in open interest does not mean that the price will necessarily rise or fall, nor can it independently indicate the market's long or short direction.
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View glossary →A metric for the total value of currently tradable tokens calculated at current prices.
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