TAGUSDT Past 1 hours down 10.2%, Binance open interest fell 8.1%
BIBIBI
AT A GLANCE
TAGUSDT Over the past 3600 seconds, the price fell 10.2%, while open interest decreased 8.1%。
Article
🇨🇳 🔻 [TAGUSDT] Binance open interest -8.1%; price fell 10.2% over the past 3600 seconds; open interest: 7000000 USD; open interest-to-market capitalization ratio: 8.0%; 24-hour price change: +35.4%
🇺🇸 🔻 [TAGUSDT] Binance openinterest -8.1%, Price -10.2% in the past 3600 seconds, OI: $7.0M, OI/Marketcap ratio: 8.0%, 24H Price Change: +35.4%
💰 Market Cap
TAG MarketCap: 88.6M
Key points
01
According to Binance data,TAGUSDT open interest declined by 8.1%。
02
Past 3600 seconds,TAGUSDT price fell 10.2%。
03
Open interest was 7000000 USD, and the open interest/market capitalization ratio was 8.0%。
04
TAGUSDT Past 24 hours price change was up 35.4%。
05
TAG Market capitalization is 88600000 USD。
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. The data shows that as the price fell in the short term, open interest also decreased; however, the price over the past 24 hours still rose.
Why it matters to readers
The simultaneous short-term decline in price and open interest indicates a significant change in market data; however, 24-hour gains remain positive, so the signals from the short-term and longer-term windows are inconsistent.
Beginners should distinguish between the time ranges of “the past 3600 seconds” and “the past 24 hours,” and should not determine the trend based on a single indicator alone.
Risks and unknowns
This information comes from monitoring data in the provided link, which does not provide exchange-originated data that can be independently verified.
The data is a snapshot at a single point in time and cannot confirm whether the price or open interest subsequently continued to change.
These fields alone cannot determine the specific reasons for the price decline or the reduction in open interest.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.