SOXSUSDT rose by 6.3% over the past 1 hour, and Binance open interest increased by 17.5%.

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🇨🇳 🟢 [SOXSUSDT] Binance open interest +17.5%; price rose 6.3% over the past 3600 seconds; open interest: 28800000 USD; open interest-to-market capitalization ratio: 1120.7%; 24-hour price change: -9.0% 🇺🇸 🟢 [SOXSUSDT] Binance openinterest +17.5%, Price +6.3% in the past 3600 seconds, OI: $28.8M, OI/Marketcap ratio: 1120.7%, 24H Price Change: -9.0%

💰 Market Cap SOXS MarketCap: 2.6M

Key points

Over the past 3600 seconds,SOXSUSDT the price rose 6.3%。
Binance open interest increased 17.5%, reaching 28800000 USD。
The open interest-to-market capitalization ratio was 1120.7%.
SOXSUSDT's 24-hour price change was -9.0%。
The market capitalization listed in the original text SOXS was 2600000 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 settled. The original text shows that SOXSUSDT over the past 3600 seconds, the price rose while open interest increased; however, over the 24-hour period, the price still declined.

Why it matters to readers

The short-term simultaneous rise in price and open interest warrants continued observation; the open interest reported in the original text is significantly higher than the listed market capitalization, indicating that the related contract data and price fluctuations should be treated with caution.

Beginners should not judge the overall trend solely on the basis of a short-term rise; they should also monitor 24-hour price changes, open interest, and whether the data are confirmed by other sources.

Risks and unknowns

The data come from a single Telegram monitoring message and have not been verified by other sources.
The original text does not specify SOXS's project background, contract type, or statistical methodology.
The accuracy of the open interest and its ratio to market capitalization cannot be confirmed from the original text alone.
How the price and open interest will subsequently change remains unclear.

SOXSUSDT rose by 6.3% over the past 1 hour, and Binance open interest increased by 17.5%.

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