WETUSDT past 1-hour increase 15.5%, Binance open interest increased by 8.6%
BIBIBI
AT A GLANCE
Monitoring information indicates that WETUSDT past 3600-second increase of 15.5%, Binance open interest increased by 8.6%to 1500000 USD。
Article
🇨🇳 🟢 [WETUSDT] Binance open interest +8.6%; price rose 15.5% over the past 3600 seconds; open interest: 1500000 USD; open interest-to-market capitalization ratio: 11.4%; 24-hour price change: +26.6%
🇺🇸 🟢 [WETUSDT] Binance openinterest +8.6%, Price +15.5% in the past 3600 seconds, OI: $1.5M, OI/Marketcap ratio: 11.4%, 24H Price Change: +26.6%
💰 Market Cap
WET MarketCap: 12.4M
Key points
01
WETUSDT past 3600-second price increase of 15.5%。
02
Binance open interest increased by 8.6%.
03
Open interest was 1500000 USD.
04
The open interest-to-market capitalization ratio was 11.4%.
05
24-hour price change of +26.6%。
06
WET with a market capitalization of 12400000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
The price and open interest both rose during the stated period, indicating that contract positions continued to increase while the price was rising. Open interest is the total size of contracts that have not yet been settled or closed; it does not directly indicate that the price will necessarily continue to rise.
Why it matters to readers
price, futures positions, and 24-hour increases all changed significantly over a short period; it is worth monitoring whether the price and open interest will continue to change.
Beginners should treat this type of information as an alert for unusual market activity, not as a clear buy or sell signal; a price increase and an increase in positions alone cannot determine the subsequent direction.
Risks and unknowns
The information came from a monitoring channel; the original text did not provide a link to Binance's raw data or independent verification.
The original text did not specify whether the increase in open interest came from long or short positions.
The original text did not specify the data collection method or the exact time of collection.
The subsequent price and open interest trends are unknown.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.