CFGUSDT Past 1-hour decline 10.8%, Binance open interest increased 8.5%
BIBIBI
AT A GLANCE
CFGUSDT As the price declined, Binance open interest increased.
Article
🇨🇳 🔻 [CFGUSDT] Binance open interest +8.5%; price fell 10.8% over the past 3600 seconds; open interest: 2200000 USD; open interest-to-market capitalization ratio: 3.4%; 24-hour price change: -19.3%
🇺🇸 🔻 [CFGUSDT] Binance openinterest +8.5%, Price -10.8% in the past 3600 seconds, OI: $2.2M, OI/Marketcap ratio: 3.4%, 24H Price Change: -19.3%
💰 Market Cap
CFG MarketCap: 63.9M
Key points
01
Evidence indicates that CFGUSDT over the past 3600 seconds, the price declined 10.8%。
02
Evidence indicates that Binance CFGUSDT open interest increased 8.5%, to 2200000 USD。
03
Evidence indicates that the open interest-to-market capitalization ratio is 3.4%。
04
Evidence indicates that CFGUSDT 24-hour price change is -19.3%。
05
Evidence indicates that CFG market capitalization is 63900000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Open interest represents the volume of contracts that remain open. This monitoring shows that open interest increased while the price declined.
Why it matters to readers
Simultaneous changes in price and contract positions may indicate heightened market volatility; continued observation of price and position changes is warranted.
This is not merely a spot-price signal; it also involves leveraged contract positions, and the volatility risk of leveraged trading is generally higher.
Risks and unknowns
The information comes from a monitoring channel; the evidence does not provide the exchange's original page or trade details.
These data alone cannot confirm whether the increase in open interest represents long or short positions.
It cannot be used to confirm the subsequent price direction or whether concentrated liquidations will occur.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.
A trading method that uses borrowed funds to establish a position larger than the trader’s own capital, thereby amplifying both potential gains and losses.