SNXXUSDT 1 hour decline 7.6%, Binance open interest rose to 40400000 USD
BIBIBI
AT A GLANCE
Monitoring indicates that SNXXUSDT the past 3600 seconds saw a decline of 7.6%, with Binance open interest increasing 40.6%to 40400000 USD。
Article
🇨🇳 🔻 [SNXXUSDT] Binance open interest +40.6%; price fell 7.6% over the past 3600 seconds; open interest: 40400000 USD; open interest-to-market capitalization ratio: 0.0%; 24-hour price change: -1.8%
🇺🇸 🔻 [SNXXUSDT] Binance openinterest +40.6%, Price -7.6% in the past 3600 seconds, OI: $40.4M, OI/Marketcap ratio: 0.0%, 24H Price Change: -1.8%
SNXX
Key points
01
SNXXUSDT Over the past 3600 seconds, the price fell by 7.6%。
02
Binance open interest increased by 40.6%.
03
Open interest was 40400000 USD.
04
The open interest-to-market capitalization ratio was 0.0%.
05
24 The hourly price change was -1.8%。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Open interest represents the size of unsettled contracts. The data here state that SNXXUSDT while the price declined over a short period, Binance open interest increased significantly, but the original text does not specify whether the new positions are long or short.
Why it matters to readers
Rapid price changes and rising open interest indicate significant changes in short-term trading activity and the scale of unsettled positions. Subsequent price and position changes warrant attention.
Beginners should not infer price direction solely from an increase in open interest; the original text lacks long/short direction, funding-rate, and liquidation data.
Risks and unknowns
The information comes from a single monitoring alert; the original text provides neither a calculation methodology nor verification from other sources.
It is not possible to determine whether the new open interest consists of long, short, or hedging positions.
The original text does not provide funding-rate or long/short liquidation data.
The open-interest-to-market-capitalization ratio is shown as 0.0%, but the original text does not explain its calculation methodology.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.