Binance QUSDT past 1 hours, down 32.9%, with open interest down 21.3%
BIBIBI
AT A GLANCE
The monitoring report states that over the QUSDT past 3600 seconds, the price fell 32.9%, while Binance's open interest decreased by 21.3%。
Article
🇨🇳 🔻 [QUSDT] Binance open interest -21.3%; price fell 32.9% over the past 3600 seconds; open interest: 12400000 USD; open interest-to-market capitalization ratio: 8.3%; 24-hour price change: -21.3%
🇺🇸 🔻 [QUSDT] Binance openinterest -21.3%, Price -32.9% in the past 3600 seconds, OI: $12.4M, OI/Marketcap ratio: 8.3%, 24H Price Change: -21.3%
Key points
01
QUSDT Over the past 3600 seconds, the price fell 32.9%。
02
Binance's QUSDT open interest decreased by 21.3%。
03
QUSDT Open interest was 12400000 USD。
04
QUSDT The ratio of open interest to market capitalization was 8.3%。
05
QUSDT The 24-hour price change was -21.3%。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This monitoring message shows that QUSDT the price fell significantly over the past 3600 seconds, while Binance's open interest was also declining. Open interest is the size of contracts that have not yet been closed; its decline indicates that the total amount of unsettled positions has decreased, but the source does not explain the specific reason.
Why it matters to readers
The substantial declines in both the price and open interest indicate that QUSDT there were significant price fluctuations and changes in contract positions at the time; related risks should be noted when trading.
Beginners should not use this single monitoring data point to determine the subsequent trend; they should pay particular attention to rapid price fluctuations and understand that derivatives trading may entail substantial risks.
Risks and unknowns
The data came from a monitoring channel; the source did not provide Binance's original data page or independent verification.
The source did not specify the measurement period for the decline in open interest 21.3%.
The source did not specify the reason for the changes in price and open interest.
It is impossible to determine solely from these indicators whether QUSDT the decline will continue or a rebound will follow.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.