ONDOUSDT past 1 hour decline 4.1%, Binance open interest increased to 68700000 USD
BIBIBI
AT A GLANCE
ONDOUSDT over the past 1 hours, the price fell by 4.1%, while open interest increased by 6.0%。
Article
🇨🇳 🔻 [ONDOUSDT] Binance open interest +6.0%; price fell 4.1% over the past 3600 seconds; open interest: 68700000 USD; open interest-to-market capitalization ratio: 3.0%; 24-hour price change: -1.7%
🇺🇸 🔻 [ONDOUSDT] Binance openinterest +6.0%, Price -4.1% in the past 3600 seconds, OI: $68.7M, OI/Marketcap ratio: 3.0%, 24H Price Change: -1.7%
💰 Market Cap
ONDO MarketCap: 2.3B
Key points
01
Binance ONDOUSDT open interest increased by 6.0%。
02
over the past 3600 seconds, the price fell by 4.1%。
03
Open interest was 68700000 USD.
04
The open interest-to-market capitalization ratio was 3.0%.
05
24 The hourly price change was -1.7%。
06
ONDO The market capitalization was 2300000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Open interest is the size of contracts that have not yet been closed. This monitoring shows that as the price fell,ONDOUSDT's open interest rose; however, the evidence does not indicate whether the new positions are long or short.
Why it matters to readers
The simultaneous change in price and open interest indicates that short-term market activity warrants continued observation, but this data point alone cannot determine the subsequent direction.
Beginners can first understand this as follows: the size of the market's contracts is increasing while the price is falling; do not use this information alone to determine whether prices will rise or fall or to trade.
Risks and unknowns
The evidence does not indicate the direction of the newly added contract positions.
The evidence comes from a Telegram monitoring channel and does not provide an original exchange link.
A single monitoring data point cannot confirm the subsequent price trend.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.