REDUSDT Past 1 hours, down 12.1%, while Binance open interest increased 15.1%to 3700000 USD
BIBIBI
AT A GLANCE
REDUSDT The price fell briefly while Binance open interest increased at the same time.
Article
🇨🇳 🔻 [REDUSDT] Binance open interest +15.1%; price fell 12.1% over the past 3600 seconds; open interest: 3700000 USD; open interest-to-market capitalization ratio: 3.8%; 24-hour price change: +9.2%
🇺🇸 🔻 [REDUSDT] Binance openinterest +15.1%, Price -12.1% in the past 3600 seconds, OI: $3.7M, OI/Marketcap ratio: 3.8%, 24H Price Change: +9.2%
Key points
01
Over the past 3600 seconds, the REDUSDT price fell 12.1%。
02
Binance REDUSDT open interest increased 15.1%, reaching 3700000 USD。
03
The open interest-to-market capitalization ratio was 3.8%.
04
REDUSDT Over the past 24 hours, the price change was +9.2%。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Open interest represents the size of contract positions that have not yet been closed. Here, the price fell while open interest increased, indicating that a relatively large number of contract positions remain open in the market; however, these data alone cannot confirm the direction of long or short positions.
Why it matters to readers
The price fell sharply over a short period while open interest rose, indicating that the trading pair is experiencing significant volatility.
Beginners should note that short-term price changes and changes in contract positions can both reverse quickly, so these indicators alone cannot be used to determine the direction of price movement.
Risks and unknowns
The evidence does not indicate the respective sizes of long and short positions within open interest.
The evidence does not provide liquidation data, funding rate data, or subsequent price data.
This data comes from a monitoring channel, and its independent accuracy has not been confirmed.
Related Developments
Loading event timeline…
Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.