Binance SOXLUSDT Open interest rises 3.4%,1 hourly price falls 2.3%
BIBIBI
AT A GLANCE
SOXLUSDT Over the past 3600 seconds, the price fell 2.3%, while open interest increased 3.4%to 182800000 USD。
Article
🇨🇳 🔻 [SOXLUSDT] Binance open interest +3.4%; price fell 2.3% over the past 3600 seconds; open interest: 182800000 USD; open interest-to-market capitalization ratio: 0.0%; 24-hour price change: -10.2%
🇺🇸 🔻 [SOXLUSDT] Binance openinterest +3.4%, Price -2.3% in the past 3600 seconds, OI: $182.8M, OI/Marketcap ratio: 0.0%, 24H Price Change: -10.2%
SOXL
Key points
01
The original text states that SOXLUSDT open interest on Binance increased 3.4%。
02
The original text states that over the past SOXLUSDT 3600 seconds, the price fell 2.3%。
03
The open interest listed in the original text was 182800000 USD。
04
The open-interest-to-market-capitalization ratio listed in the original text was 0.0%。
05
The 24-hour price change listed in the original text was -10.2%。
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. Here, the data indicates that open interest increased as the price fell, but the original text does not state the direction of the newly added positions, nor does it provide a calculation method or raw data.
Why it matters to readers
Price and open interest changing simultaneously can be used to observe whether positions in the derivatives market are accumulating; these figures alone cannot determine whether the decline will continue or a rebound will follow.
Beginners can view this as a market-monitoring signal rather than trading advice; note that both short-term and 24-hour prices indicate declines.
Risks and unknowns
The original text does not provide a link to Binance’s raw data, so the relevant figures cannot be independently verified.
The original text does not explain the calculation methodology for open interest, market capitalization, or their ratio.
An increase in open interest alone cannot prove that longs or shorts are dominant.
The original text does not state the SOXLUSDT subsequent price direction.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.