MVLLUSDT On Binance 1 declined within hours 19.9%, while open interest increased 19.3%
BIBIBI
AT A GLANCE
MVLLUSDT The price fell rapidly on Binance, while open interest increased.
Article
🇨🇳 🔻 [MVLLUSDT] Binance open interest +19.3%; price fell 19.9% over the past 3600 seconds; open interest: 3300000 USD; open interest-to-market capitalization ratio: 0.0%; 24-hour price change: -13.6%
🇺🇸 🔻 [MVLLUSDT] Binance openinterest +19.3%, Price -19.9% in the past 3600 seconds, OI: $3.3M, OI/Marketcap ratio: 0.0%, 24H Price Change: -13.6%
MVLL
Key points
01
over the past 3600 seconds, the price fell by 19.9%。
02
Binance open interest rose by 19.3%, reaching 3300000 USD。
03
The open interest-to-market capitalization ratio was 0.0%.
04
24 the price change over hours was -13.6%。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Open interest represents the size of contracts that have not yet been closed. Here, the price decline and increase in open interest occurred simultaneously, indicating substantial market volatility.
Why it matters to readers
Contract positions continued to increase during the rapid price decline, and short-term trading risk may be relatively high.
Beginners should note that this is not buy or sell advice; rapid price changes may result in significant losses.
Risks and unknowns
The data come from a Telegram monitoring channel, and no link to Binance's original data was provided as evidence.
This data alone cannot confirm the specific position direction behind the increase in open interest.
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Related concepts
Open Interest
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