USTCUSDT Past 1 hours rose 13.4%, while Binance open interest increased 11.3%
BIBIBI
AT A GLANCE
USTCUSDT rose in the short term 13.4%, while Binance open interest increased simultaneously 11.3%to 1100000 USD。
Article
🇨🇳 🟢 [USTCUSDT] Binance open interest +11.3%; price rose 13.4% over the past 3600 seconds; open interest: 1100000 USD; open interest-to-market capitalization ratio: 4.0%; 24-hour price change: +14.8%
🇺🇸 🟢 [USTCUSDT] Binance openinterest +11.3%, Price +13.4% in the past 3600 seconds, OI: $1.1M, OI/Marketcap ratio: 4.0%, 24H Price Change: +14.8%
💰 Market Cap
USTC MarketCap: 28.3M
Key points
01
Over the past 3600 seconds,USTCUSDT the price rose 13.4%。
02
Binance open interest increased by 11.3%.
03
Open interest was 1100000 USD.
04
The open interest-to-market capitalization ratio was 4.0%.
05
24 The hourly price change was +14.8%。
06
USTC Market capitalization was 28300000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
The simultaneous increase in price and open interest indicates that new contract positions entered during the price rise or existing positions had not yet been closed; however, the original text does not specify whether these positions were primarily long or short.
Why it matters to readers
Significant changes in both price and contract positions over a short period indicate that USTCUSDT trading activity has increased and may also be accompanied by greater price volatility.
Beginners can continue to observe whether the price can sustain its gains and whether open interest continues to rise or declines rapidly; this set of data alone should not be used to determine the subsequent direction.
Risks and unknowns
The original text does not specify whether the increase in open interest came from long or short positions.
The causal relationship between the price increase and the increase in open interest cannot be confirmed.
The data come from a single monitoring channel, and the original text does not provide a calculation method or an exchange data link.
Subsequent price trends and position changes are unknown.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.