CVCUSDT past 1-hour decline 10.9%, Binance open interest increased by 24.8%
BIBIBI
AT A GLANCE
CVCUSDT past 3600-second decline 10.9%, Binance open interest increased by 24.8%。
Article
🇨🇳 🔻 [CVCUSDT] Binance open interest +24.8%; price fell 10.9% over the past 3600 seconds; open interest: 1200000 USD; open interest-to-market capitalization ratio: 5.4%; 24-hour price change: -17.2%
🇺🇸 🔻 [CVCUSDT] Binance openinterest +24.8%, Price -10.9% in the past 3600 seconds, OI: $1.2M, OI/Marketcap ratio: 5.4%, 24H Price Change: -17.2%
💰 Market Cap
CVC MarketCap: 21.8M
Key points
01
CVCUSDT Over the past 3600 seconds, the price fell by 10.9%。
02
Binance open interest increased by 24.8%.
03
Open interest was 1200000 USD.
04
The open interest-to-market capitalization ratio was 5.4%.
05
24 The hourly price change was -17.2%。
06
CVC The market capitalization was 21.8M。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This monitoring information shows that the CVCUSDT price fell in the short term while Binance open interest increased. Open interest refers to the size of contracts that have not yet been closed; an increase only indicates that more unsettled positions exist and, on its own, cannot determine the direction of those positions or subsequent price trends.
Why it matters to readers
A significant short-term price change accompanied by a simultaneous increase in open interest indicates that participation in the derivatives market is changing; price and open-interest data warrant continued observation.
Beginners should note that this is short-term market anomaly data, not a buy or sell recommendation; a rise in open interest cannot directly prove that bulls or bears are dominant.
Risks and unknowns
The original text does not provide a link to Binance's raw data, and the relevant figures have not been independently verified.
It was not specified whether the newly added open interest belongs to long or short positions.
Funding rates, liquidation data, and the cause of the price anomaly were not provided.
Based on the current data alone, it cannot be confirmed whether the price will continue to fall or rebound.
Related Developments
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.