NBISUSDT Past 1-hour price rose 6.6%, while Binance open interest increased 15.5%
BIBIBI
AT A GLANCE
NBISUSDT In the past 3600 seconds, the price rose 6.6%, and Binance open interest increased to 26000000 USD, but the 24-hour price was still down 5.2%。
Article
🇨🇳 🟢 [NBISUSDT] Binance open interest +15.5%; price rose 6.6% over the past 3600 seconds; open interest: 26000000 USD; open interest-to-market capitalization ratio: 0.0%; 24-hour price change: -5.2%
🇺🇸 🟢 [NBISUSDT] Binance openinterest +15.5%, Price +6.6% in the past 3600 seconds, OI: $26.0M, OI/Marketcap ratio: 0.0%, 24H Price Change: -5.2%
💰 Market Cap
NBIS MarketCap: 66B
Key points
01
The original text states that NBISUSDT over the past 3600 seconds, the price rose 6.6%。
02
The original text states that Binance NBISUSDT open interest increased 15.5%, reaching 26000000 USD。
03
The open interest-to-market capitalization ratio given in the original text was 0.0%。
04
The 24-hour price change given in the original text was -5.2%。
05
The original text states “NBIS MarketCap: 66B”。
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 settled. Here, both the price and open interest rose over the past 3600 seconds, indicating that contract positions increased over a short period; however, the 24-hour price remained in a downtrend, so these data alone cannot confirm the subsequent direction.
Why it matters to readers
Rapid simultaneous changes in price and open interest mean that NBISUSDT activity in the derivatives market has increased, and subsequent price volatility warrants attention.
Beginners should distinguish between a short-term rise and the overall performance over 24 hours: the price rose over 3600 seconds 6.6%, which does not change the fact shown in the original text that the price was still down over 24 hours 5.2%. An increase in open interest does not mean that the price will necessarily continue to rise.
Risks and unknowns
The data come solely from the provided monitoring report; the original text did not provide cross-verification from other exchanges, on-chain data, or independent sources.
The original text did not specify the pricing currency, statistical methodology, or data source for “NBIS MarketCap: 66B”.
The original text did not specify whether the increase in open interest came from long or short positions; therefore, the subsequent direction cannot be determined from this information.
The original text did not explain the precision or rounding method of the open interest-to-market capitalization ratio 0.0%.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.