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Binance open interest for XRPUSDT increased by 3.3%, while the price rose by 2.0% over the past 3600 seconds.
🇨🇳 🟢 [XRPUSDT] Binance open interest+3.3%, over the past 3600 seconds, price increased 2.0%, open interest:513100000 USD, open interest/market capitalization ratio:0.6%，24 hour price change:+7.0% 🇺🇸 🟢 [XRPUSDT] Binance openinterest +3.3%, Price +2.0% in the past 3600 seconds, OI: $513.1M, OI/Marketcap ratio: 0.6%, 24H Price Change: +7.0%
Binance open interest for XRPUSDT increased by 3.3%.
Over the past 3600 seconds, the XRPUSDT price rose by 2.0%.
Open interest was 513100000 USD.
The open interest-to-market capitalization ratio was 0.6%.
The 24-hour price change was +7.0%.
The following is analysis, separate from reported facts. Verify important claims independently.
Open interest is the value or size of contracts that have not yet been settled. The original text shows that this indicator and the price rose at the same time, but these data alone cannot determine the subsequent trend.
A simultaneous increase in price and open interest indicates that both contract activity and price are rising, which can help track changes in market activity.
Beginners can view this as an indicator of market activity, but should not make trading decisions based solely on short-term changes in price and open interest.
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View glossary →A metric for the total value of currently tradable tokens calculated at current prices.
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