Binance SNDKUSDT Open interest drops 3.8%,1 hour price falls 2.0%
BIBIBI
AT A GLANCE
SNDKUSDT On Binance, the short-term price and open interest declined simultaneously.
Article
🇨🇳 🔻 [SNDKUSDT] Binance open interest -3.8%; price fell 2.0% over the past 3600 seconds; open interest: 250600000 USD; open interest-to-market capitalization ratio: 0.5%; 24-hour price change: -6.4%
🇺🇸 🔻 [SNDKUSDT] Binance openinterest -3.8%, Price -2.0% in the past 3600 seconds, OI: $250.6M, OI/Marketcap ratio: 0.5%, 24H Price Change: -6.4%
💰 Market Cap
SNDK MarketCap: 50B
Key points
01
Over the past 3600 seconds,SNDKUSDT the price fell 2.0%。
02
Over the past 3600 seconds, Binance open interest declined 3.8%。
03
Open interest was 250600000 USD.
04
The open interest-to-market capitalization ratio was 0.5%.
05
24-hour price change was -6.4%。
06
SNDK Market capitalization was 50000000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Open interest is the size of contracts that have not yet been closed. Here, both the price and open interest are declining, indicating synchronized downward movement in the monitoring data, but a single piece of information cannot determine the cause of the decline.
Why it matters to readers
This suggests that traders should monitor SNDKUSDT the short-term trend and whether open interest continues to decline.
Beginners can understand open interest as the size of contracts in the market that have not yet ended; its decline does not mean that the price will necessarily continue to fall.
Risks and unknowns
The source is a single market-monitoring update and does not provide a link to the exchange's raw data or independent cross-validation.
The specific cause of the decline in open interest cannot be confirmed based solely on this information.
The subsequent trends in price and open interest cannot be confirmed.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.