BREVUSDT Over the past 1 hours, the price rose by 10.2%, while Binance open interest increased by 38.3%
BIBIBI
AT A GLANCE
BREVUSDT Short-term price increased 10.2%, while Binance open interest increased 38.3%to 2400000 USD。
Article
🇨🇳 🟢 [BREVUSDT] Binance open interest +38.3%; price rose 10.2% over the past 3600 seconds; open interest: 2400000 USD; open interest-to-market capitalization ratio: 7.0%; 24-hour price change: +14.6%
🇺🇸 🟢 [BREVUSDT] Binance openinterest +38.3%, Price +10.2% in the past 3600 seconds, OI: $2.4M, OI/Marketcap ratio: 7.0%, 24H Price Change: +14.6%
💰 Market Cap
BREV MarketCap: 34.4M
Key points
01
BREVUSDT Over the past 3600 seconds, the price rose by 10.2%。
02
Binance open interest increased 38.3%, reaching 2400000 USD。
03
The open interest-to-market capitalization ratio was 7.0%.
04
BREVUSDT's 24-hour price change was +14.6%。
05
BREV Market capitalization is 34400000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Open interest is the total volume of unsettled contract positions. Here, the simultaneous increase in price and open interest indicates that both short-term price volatility and contract positions increased significantly, but the data itself cannot confirm the reason for the increase or the subsequent direction.
Why it matters to readers
Rapid price changes and an increase in contract positions indicate that market attention and potential volatility may be high. The ratio of open interest to market capitalization is 7.0%, which can be used to observe the size of contract positions relative to the project's market capitalization.
Beginners should treat this as a short-term market monitoring signal, not a buy or sell conclusion; the price has already risen significantly, and the subsequent direction still cannot be determined from these figures alone.
Risks and unknowns
The original text does not include Binance's original records, so the data has not been independently verified.
The original text does not confirm the reasons for the price increase and the rise in open interest.
The original text does not provide trading volume, liquidity, or liquidation data.
These data cannot confirm whether the price increase will continue.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.