ETHWUSDT Past 1-hour increase 12.6%, Binance open interest increased 66.1%to 2100000 USD
BIBIBI
AT A GLANCE
ETHW Open interest and price rose simultaneously over a short period, and the risk of market volatility warrants attention.
Article
🇨🇳 🟢 [ETHWUSDT] Binance open interest +66.1%; price rose 12.6% over the past 3600 seconds; open interest: 2100000 USD; open interest-to-market capitalization ratio: 7.3%; 24-hour price change: +26.0%
🇺🇸 🟢 [ETHWUSDT] Binance openinterest +66.1%, Price +12.6% in the past 3600 seconds, OI: $2.1M, OI/Marketcap ratio: 7.3%, 24H Price Change: +26.0%
💰 Market Cap
ETHW MarketCap: 28.2M
Key points
01
ETHWUSDT As Binance open interest increased 66.1%。
02
In the past 3600-second price increase 12.6%。
03
Open interest was 2100000 USD.
04
The open interest-to-market capitalization ratio was 7.3%.
05
24 The hourly price change is +26.0%。
06
ETHW The market capitalization is 28200000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Open interest represents the size of contracts that have not yet been closed. The data shows that ETHW while the price rose, Binance open interest also increased, indicating that market trading activity changed significantly during this period.
Why it matters to readers
Price and open interest changed rapidly at the same time, which may indicate increased short-term volatility; however, this monitoring information alone cannot determine the subsequent direction.
Beginners should note that a large short-term increase does not mean the price will continue to rise, and contract trading may also magnify losses.
Risks and unknowns
The information comes from a single monitoring source and has not yet been cross-verified by other sources.
The cause of the increase, the subsequent direction, or the balance of bullish and bearish forces cannot be determined based solely on this information.
Liquidations, funding rates, and subsequent changes in price and open interest were not provided.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.