GTCUSDT Past 1-hour decline 14.6%, Binance open interest decreased 10.3%to 11400000 USD
BIBIBI
AT A GLANCE
GTCUSDT Past 3600-second price decline 14.6%, open interest decreased by 10.3%。
Article
🇨🇳 🔻 [GTCUSDT] Binance open interest -10.3%; price fell 14.6% over the past 3600 seconds; open interest: 11400000 USD; open interest-to-market capitalization ratio: 53.9%; 24-hour price change: +64.2%
🇺🇸 🔻 [GTCUSDT] Binance openinterest -10.3%, Price -14.6% in the past 3600 seconds, OI: $11.4M, OI/Marketcap ratio: 53.9%, 24H Price Change: +64.2%
💰 Market Cap
GTC MarketCap: 21.1M
Key points
01
GTCUSDT Binance open interest decreased by 10.3%。
02
Past 3600 seconds,GTCUSDT price declined 14.6%。
03
Open interest was 11400000 USD, with an open interest/market capitalization ratio of 53.9%。
04
GTCUSDT s 24-hour price change was an increase of 64.2%。
05
GTC Market capitalization was 21100000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This is a derivatives market monitoring alert: over a short period,GTCUSDT both the price and open interest declined, but the price still showed a gain over the past 24 hours. Open interest represents the scale of contracts currently still being held.
Why it matters to readers
A short-term price decline accompanied by a simultaneous decrease in open interest indicates that the scale of positions in the derivatives market is shrinking; however, this snapshot alone cannot determine the specific cause or subsequent direction.
Beginners may understand it as follows: short-term price volatility is relatively high, while the scale of open contracts in the market is decreasing, so risks should be assessed cautiously.
Risks and unknowns
The information comes from a single monitoring channel message, with no independent cross-verification provided.
The evidence does not specify the cause of the changes in price and open interest.
The evidence does not provide subsequent price direction, so it cannot be confirmed whether the decline will continue.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.