QUSDT 1 hours decline 21%, while Binance open interest increased 11.7%
BIBIBI
AT A GLANCE
Monitoring shows that QUSDT the price fell rapidly while Binance open interest rose.
Article
🇨🇳 🔻 [QUSDT] Binance open interest +11.7%; price fell 21.0% over the past 3600 seconds; open interest: 9700000 USD; open interest-to-market capitalization ratio: 7.5%; 24-hour price change: -41.6%
🇺🇸 🔻 [QUSDT] Binance openinterest +11.7%, Price -21.0% in the past 3600 seconds, OI: $9.7M, OI/Marketcap ratio: 7.5%, 24H Price Change: -41.6%
Key points
01
Evidence indicates that Binance QUSDT open interest increased 11.7%。
02
Over the past 3600 seconds,QUSDT the price declined 21.0%。
03
Open interest was 9700000 USD.
04
The open interest-to-market capitalization ratio was 7.5%.
05
Evidence indicates that QUSDT over the past 24 hours, the price change was -41.6%。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Open interest represents the size of outstanding contract positions. The data here show that open interest continued to increase during the price decline, indicating that the scale of contract positions in the market did not decrease in tandem.
Why it matters to readers
A substantial price decline over a short period, together with rising open interest, suggests significant changes are occurring in the derivatives market and that associated trading risks may be high.
Beginners should note that rising open interest does not necessarily mean that the price will rebound; when prices fall rapidly, derivatives trading may result in substantial losses.
Risks and unknowns
The evidence does not provide independent source cross-validation.
These data alone cannot confirm the subsequent price direction.
The evidence does not specify whether the increase in open interest corresponds to long or short positions.
The evidence does not provide trading volume, funding rate, or liquidation data.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.