ARKUSDT past 1 hour price fell 19.7%, while Binance open interest declined 21.8%
BIBIBI
AT A GLANCE
ARKUSDT past 3600 seconds, the price fell 19.7%, while Binance open interest declined 21.8%。
Article
🇨🇳 🔻 [ARKUSDT] Binance open interest -21.8%; price fell 19.7% over the past 3600 seconds; open interest: 11700000 USD; open interest-to-market capitalization ratio: 16.5%; 24-hour price change: +32.8%
🇺🇸 🔻 [ARKUSDT] Binance openinterest -21.8%, Price -19.7% in the past 3600 seconds, OI: $11.7M, OI/Marketcap ratio: 16.5%, 24H Price Change: +32.8%
💰 Market Cap
ARK MarketCap: 71.1M
Key points
01
ARKUSDT past 3600 seconds, the price fell 19.7%。
02
Binance ARKUSDT open interest declined 21.8%。
03
Open interest was 11700000 USD.
04
The open interest-to-market capitalization ratio was 16.5%.
05
24 hour price change was an increase 32.8%。
06
ARK market capitalization is 71100000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
These data also show a significant short-term price decline and a reduction in open interest, but the 24 hour price was still up. Open interest is the size of contracts that have not yet been settled; its decline only indicates that the amount of unsettled positions decreased, and the original text does not state the specific reason.
Why it matters to readers
The price and open interest both changed significantly over a short period, indicating that ARKUSDT volatility was pronounced at that time, and contract positions were also adjusted rapidly. 16.5%'s open-interest-to-market-capitalization ratio can be used to observe the size of the contract position relative to ARK market capitalization.
Beginners should note that a 24-hour increase 32.8%and a decline over the past 3600 seconds 19.7%are not contradictory because the measurement windows differ. Trading contracts amid sharp volatility may involve higher risks, and decisions should not be made based solely on a single piece of monitoring information.
Risks and unknowns
The data come from a single monitoring-channel message; no Binance original page or independent source was provided for verification.
The original text does not state the reasons for the price decline and reduction in open interest.
The original text does not provide data from other exchanges, so it is impossible to determine whether synchronized changes occurred.
These data alone are insufficient to determine the 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.