OGNUSDT past 3600 seconds, Binance open interest increased 18.4%, Binance open interest increased 22.1%
BIBIBI
AT A GLANCE
Monitoring information states that OGNUSDT the price and Binance open interest rose sharply in tandem over the short term.
Article
🇨🇳 🟢 [OGNUSDT] Binance open interest +22.1%; price rose 18.4% over the past 3600 seconds; open interest: 18200000 USD; open interest-to-market capitalization ratio: 33.4%; 24-hour price change: +107.1%
🇺🇸 🟢 [OGNUSDT] Binance openinterest +22.1%, Price +18.4% in the past 3600 seconds, OI: $18.2M, OI/Marketcap ratio: 33.4%, 24H Price Change: +107.1%
💰 Market Cap
OGN MarketCap: 54.5M
Key points
01
past 3600 seconds,OGNUSDT price increased 18.4%。
02
Binance open interest increased 22.1%, reaching 18200000 USD。
03
The open interest-to-market capitalization ratio was 33.4%.
04
OGNUSDT’s 24-hour price change was +107.1%。
05
OGN Market capitalization was 54500000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Open interest is the total amount of contracts that have not yet been settled. The source text shows that OGNUSDT as the price rose rapidly, Binance open interest also increased, indicating that the size of positions in the derivatives market expanded; however, these data alone cannot indicate the subsequent price direction.
Why it matters to readers
The price and open interest changed significantly over a short period, indicating that the trading pair is experiencing strong market activity. The ratio of open interest to market capitalization was 33.4%, warranting continued observation of whether the price and open interest change rapidly.
Beginners should treat this type of information as a volatility alert rather than a buy or sell signal. When short-term gains are substantial, the price may also retrace rapidly.
Risks and unknowns
The source text does not provide Binance’s original data page, so the relevant figures cannot be independently verified from this evidence.
The source text does not provide trading volume, liquidation data, or the direction of long and short positions.
The subsequent trend cannot be determined solely from an increase in price and open interest.
The calculation methodology and data source for “market capitalization” are not specified.
Related Developments
Loading event timeline…
Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.