QUSDT Over the past 1 hours, down 12.9%, Binance open interest increased 9.0%to 10800000 USD
BIBIBI
AT A GLANCE
QUSDT In the past 3600 seconds, fell 12.9%, while Binance open interest increased 9.0%。
Article
🇨🇳 🔻 [QUSDT] Binance open interest +9.0%; price fell 12.9% over the past 3600 seconds; open interest: 10800000 USD; open interest-to-market capitalization ratio: 7.1%; 24-hour price change: -48.2%
🇺🇸 🔻 [QUSDT] Binance openinterest +9.0%, Price -12.9% in the past 3600 seconds, OI: $10.8M, OI/Marketcap ratio: 7.1%, 24H Price Change: -48.2%
Key points
01
QUSDT In the past 3600 seconds, the price fell 12.9%。
02
Binance open interest increased by 9.0%.
03
Open interest was 10800000 USD.
04
The open interest-to-market capitalization ratio was 7.1%.
05
QUSDT of 24-hour price change was -48.2%。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
When the price declines significantly, the size of unsettled contracts is still increasing, indicating that market participants are continuing to establish or retain contract positions; however, the original text does not specify the direction of these positions, so it cannot be used to determine whether longs or shorts have the advantage.
Why it matters to readers
A rapid price decline occurring alongside rising open interest indicates increased activity in the derivatives market; subsequent price volatility warrants attention.
Beginners should treat this as a volatility alert rather than a direct buy or sell signal; an increase in open interest does not necessarily mean that the price will continue to fall or rebound.
Risks and unknowns
The data come from a monitoring message; the original text does not provide Binance’s original page or independent verification.
It does not specify whether the newly added open interest is long or short.
No liquidation data, trading volume, or subsequent price trend is provided.
QUSDT The full name of the corresponding project does not appear in the original text.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.