SNDKUSDT Over the past 1 hours, increased by 2.3%; Binance open interest decreased by 5.1%
BIBIBI
AT A GLANCE
SNDKUSDT Over the past 3600 seconds, the price increased by 2.3%, while Binance open interest decreased by 5.1%。
Article
🇨🇳 🟢 [SNDKUSDT] Binance open interest -5.1%; price rose 2.3% over the past 3600 seconds; open interest: 315700000 USD; open interest-to-market capitalization ratio: 0.6%; 24-hour price change: +4.8%
🇺🇸 🟢 [SNDKUSDT] Binance openinterest -5.1%, Price +2.3% in the past 3600 seconds, OI: $315.7M, OI/Marketcap ratio: 0.6%, 24H Price Change: +4.8%
💰 Market Cap
SNDK MarketCap: 50B
Key points
01
SNDKUSDT Over the past 3600 seconds, the price increased by 2.3%。
02
Binance open interest decreased by 5.1%.
03
Open interest was 315700000 USD.
04
The open interest-to-market capitalization ratio was 0.6%.
05
24-hour price change was +4.8%。
06
listed in the original text SNDK with a market capitalization of 50B。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Prices rose in the short term, while open interest decreased at the same time. This only indicates that prices and contract position size moved in opposite directions; the source does not explain the specific reason, and the subsequent trend cannot be confirmed on this basis.
Why it matters to readers
Price changes reflect short-term market volatility, while open interest reflects the size of contracts that have not yet been settled. Observing both indicators together helps clarify whether contract positions are increasing or decreasing as prices rise.
Beginners may treat this as a market-monitoring signal rather than a buy or sell recommendation; they should first verify the Binance data and continue observing whether price and open interest maintain their current changes.
Risks and unknowns
The data came from a monitoring channel, and the source did not provide a Binance page or other independent source for cross-verification.
The source did not explain why prices rose while open interest declined.
It is impossible to confirm from these indicators alone whether the trend will continue.
The original text does not specify the currency unit or specific basis for “50B”.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.