HYPEUSDT past 1-hour decline 2.2%, Binance open interest fell to 417600000 USD
BIBIBI
AT A GLANCE
HYPEUSDT past 3600-second price and Binance open interest both declined.
Article
🇨🇳 🔻 [HYPEUSDT] Binance open interest -2.1%; price fell 2.2% over the past 3600 seconds; open interest: 417600000 USD; open interest-to-market capitalization ratio: 1.8%; 24-hour price change: +13.2%
🇺🇸 🔻 [HYPEUSDT] Binance openinterest -2.1%, Price -2.2% in the past 3600 seconds, OI: $417.6M, OI/Marketcap ratio: 1.8%, 24H Price Change: +13.2%
💰 Market Cap
HYPE MarketCap: 22.7B
Key points
01
HYPEUSDT past 3600-second price decline 2.2%。
02
Binance HYPEUSDT open interest decreased 2.1%, to 417600000 USD。
03
The open interest-to-market capitalization ratio was 1.8%.
04
HYPEUSDT past 24-hour price increase 13.2%。
05
HYPE market capitalization was 22700000000 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 in this instance shows that price and open interest declined simultaneously over a short period, but over the past 24-hour period, the price was still rising.
Why it matters to readers
Short-term changes in price and open interest can help observe position changes in the derivatives market; this information alone cannot confirm subsequent trends.
Beginners can first distinguish between short-term changes and 24-hour changes, and note that open interest is not trading volume.
Risks and unknowns
The information comes from a Telegram monitoring channel, with no independent verification provided.
The evidence does not explain the specific reasons for the changes in price and open interest.
The evidence does not provide trading volume, liquidation data, or subsequent trends.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.