MAGMAUSDT past 1-hour gain 11%, Binance open interest increased by 9.2%
BIBIBI
AT A GLANCE
Monitoring information indicates that over the MAGMAUSDT past 3600 seconds, the price rose by 11.0%, while Binance open interest increased by 9.2%。
Article
🇨🇳 🟢 [MAGMAUSDT] Binance open interest +9.2%; price rose 11.0% over the past 3600 seconds; open interest: 5800000 USD; open interest-to-market capitalization ratio: 6.5%; 24-hour price change: +23.2%
🇺🇸 🟢 [MAGMAUSDT] Binance openinterest +9.2%, Price +11.0% in the past 3600 seconds, OI: $5.8M, OI/Marketcap ratio: 6.5%, 24H Price Change: +23.2%
💰 Market Cap
MAGMA MarketCap: 88.4M
Key points
01
MAGMAUSDT past 3600-second price increase 11.0%。
02
Binance open interest increased by 9.2%, reaching 5800000 USD。
03
The open interest-to-market capitalization ratio was 6.5%.
04
MAGMAUSDT The 24-hour price change was +23.2%。
05
MAGMA The market capitalization was 88400000 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. This monitoring information shows that MAGMAUSDT price and open interest rose simultaneously, but these figures alone cannot confirm the subsequent trend.
Why it matters to readers
Price, open interest, and their ratio to market capitalization can be used to observe MAGMAUSDT short-term trading activity and changes in contract size.
Beginners can continue to observe whether price and open interest maintain the same-direction movement, and should not conclude from a single monitoring data point that the uptrend will continue.
Risks and unknowns
The original text did not provide a link to Binance's source data, so the relevant figures cannot be independently verified from the evidence.
The original text did not specify the data collection method or the exact statistical timestamp.
The reasons for the price increase and rise in open interest are unknown.
The subsequent price direction cannot be confirmed from the current data.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.