MANAUSDT Over the past 1 hours, price increased 12.7%, while Binance open interest increased 31.9%
BIBIBI
AT A GLANCE
MANAUSDT Price and Binance open interest rose in tandem, but the data has not been independently verified.
Article
🇨🇳 🟢 [MANAUSDT] Binance open interest +31.9%; price rose 12.7% over the past 3600 seconds; open interest: 5200000 USD; open interest-to-market capitalization ratio: 2.8%; 24-hour price change: +13.9%
🇺🇸 🟢 [MANAUSDT] Binance openinterest +31.9%, Price +12.7% in the past 3600 seconds, OI: $5.2M, OI/Marketcap ratio: 2.8%, 24H Price Change: +13.9%
💰 Market Cap
MANA MarketCap: 177.1M
Key points
01
Over the past 3600 seconds,MANAUSDT price increased 12.7%。
02
Binance open interest increased 31.9%, with open interest at 5200000 USD。
03
The open interest-to-market capitalization ratio was 2.8%.
04
24 The hourly price change was +13.9%。
05
MANA The market capitalization was 177100000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This monitoring report states that MANAUSDT as the short-term price rose, the size of Binance's unsettled contracts also increased, indicating that derivatives trading activity rose somewhat. Open interest represents only the size of contracts that remain active in the market and cannot on its own determine whether the newly added positions are bullish or bearish.
Why it matters to readers
Price and open interest increased rapidly in tandem, suggesting that market participation and leveraged positions may have grown; subsequent price volatility warrants attention.
Beginners should not interpret rising open interest directly as meaning that the price will continue to rise; it may accompany an increase in long positions, but may also include short positions.
Risks and unknowns
The original text did not provide Binance's raw data or verification from an independent source.
The original text did not specify whether the increase in open interest came from long or short positions.
The original text did not provide funding rate, trading volume, or liquidation data.
It cannot be confirmed whether price and open interest will continue to rise.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.