SEI rose by 6.0% over the past 1 hour, and Binance open interest increased by 8.8%.
BIBIBI
AT A GLANCE
SEIUSDT rose 6.0% over the past 3600 seconds, while Binance open interest increased 8.8%.
Article
🇨🇳 🟢 [SEIUSDT] Binance open interest +8.8%, over the past 3600 seconds the price rose 6.0%, open interest: 11100000 USD, open interest/market capitalization ratio: 3.1%, 24-hour price change: +2.9%
🇺🇸 🟢 [SEIUSDT] Binance open interest +8.8%, Price +6.0% in the past 3600 seconds, OI: $11.1M, OI/Marketcap ratio: 3.1%, 24H Price Change: +2.9%
💰 Market Capitalization
SEI MarketCap: 361.2M
Key points
01
SEIUSDT open interest on Binance increased 8.8%.
02
Over the past 3600 seconds, SEIUSDT rose 6.0%.
03
Open interest was 11100000 USD.
04
The open interest-to-market capitalization ratio was 3.1%.
05
The 24-hour price change was +2.9%.
06
SEI market capitalization was 361.2M.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
The monitoring information shows that SEIUSDT price and open interest rose together during the stated period. Open interest is the value of contracts that have not yet settled; an increase means the amount of open derivatives positions expanded, but the source does not state their direction.
Why it matters to readers
The simultaneous increases in price and open interest show notable changes in derivatives positions and short-term price for the pair and may make subsequent volatility worth monitoring.
Beginners can treat it as a market-movement alert rather than buying or selling advice; higher open interest alone does not prove that the price will continue rising.
Risks and unknowns
The data come from a single monitoring message, and the source provides no independent verification method.
The source does not state whether long or short positions drove the increase in open interest.
The source does not establish a causal relationship between the increases in price and open interest.
The currency represented by “361.2M” is not explicitly stated in the market-capitalization line.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.