Binance IRYSUSDT 1 hourly increase 17.7%, with open interest increasing 10.1%
BIBIBI
AT A GLANCE
IRYSUSDT The price and Binance open interest are rising in tandem.
Article
🇨🇳 🟢 [IRYSUSDT] Binance open interest +10.1%; price rose 17.7% over the past 3600 seconds; open interest: 2400000 USD; open interest-to-market capitalization ratio: 5.5%; 24-hour price change: +16.7%
🇺🇸 🟢 [IRYSUSDT] Binance openinterest +10.1%, Price +17.7% in the past 3600 seconds, OI: $2.4M, OI/Marketcap ratio: 5.5%, 24H Price Change: +16.7%
💰 Market Cap
IRYS MarketCap: 42.7M
Key points
01
The evidence states that,IRYSUSDT over the past 3600 seconds, the price increased 17.7%。
02
The evidence states that Binance open interest increased 10.1%, reaching 2400000 USD。
03
The evidence states that the open interest-to-market capitalization ratio was 5.5%。
04
The evidence states that the 24-hour price change was +16.7%。
05
The evidence states that the IRYS market capitalization was 42700000 USD。
AI-assisted interpretation
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. The data shows that the relevant contract size increased at the same time as the price rose; this indicates that market trading activity is increasing, but these data alone cannot determine the subsequent price direction.
Why it matters to readers
A simultaneous short-term increase in price and open interest may indicate that both market volatility and leveraged exposure are expanding. Monitor whether the price falls back and whether open interest suddenly declines.
This is a market-monitoring signal, not trading advice. Beginners should note that prices may fluctuate rapidly when short-term gains are substantial.
Risks and unknowns
The evidence does not provide Binance's original interface or an independent source, so the data cannot be independently verified.
The evidence does not explain which trading activities caused the increase, nor does it provide funding rate, liquidation, or long-short distribution data.
The current data alone cannot confirm whether the price increase can continue.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.