WLDUSDT over the past 1 hours, the price fell 6.2%, while Binance open interest increased 5.7%。
Article
🇨🇳 🔻 [WLDUSDT] Binance open interest +5.7%; price fell 6.2% over the past 3600 seconds; open interest: 91500000 USD; open interest-to-market capitalization ratio: 3.1%; 24-hour price change: -11.7%
🇺🇸 🔻 [WLDUSDT] Binance openinterest +5.7%, Price -6.2% in the past 3600 seconds, OI: $91.5M, OI/Marketcap ratio: 3.1%, 24H Price Change: -11.7%
💰 Market Cap
WLD MarketCap: 2.9B
Key points
01
Binance WLDUSDT open interest increased 5.7%。
02
over the past 3600 seconds, the price fell 6.2%。
03
Open interest was 91500000 USD.
04
The open interest-to-market capitalization ratio was 3.1%.
05
24 the hourly price change was -11.7%。
06
WLD the market capitalization was 2900000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Open interest represents the scale of contracts that have not yet been closed in the market. The data shows that contract size continued to increase as the price fell, indicating relatively active short-term trading activity; however, this information alone cannot determine the subsequent price direction.
Why it matters to readers
A short-term price decline occurring alongside an increase in open interest may indicate rising volatility and leverage risk.
Beginners should note that an increase in open interest during a price decline does not mean that the price will necessarily continue to fall, nor can it serve as the sole basis for a trade.
Risks and unknowns
The evidence does not indicate whether the increase in open interest came from long or short positions.
The evidence does not provide subsequent changes in price or open interest.
The data comes from a single monitoring report, and its accuracy and completeness still require further verification.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.