BROCCOLI714USDT price and open interest rose sharply together within 1 hour
BIBIBI
AT A GLANCE
The monitoring post stated that the BROCCOLI714USDT price and Binance open interest rose together over a short period.
Article
🇨🇳 🟢 [BROCCOLI714USDT] Binance open interest +43.7%; price rose 12.2% over the past 3600 seconds; open interest: 5200000 USD; open interest-to-market capitalization ratio: 19.3%; 24-hour price change: +20.1%
🇺🇸 🟢 [BROCCOLI714USDT] Binance openinterest +43.7%, Price +12.2% in the past 3600 seconds, OI: $5.2M, OI/Marketcap ratio: 19.3%, 24H Price Change: +20.1%
💰 Market Cap
BROCCOLI714 MarketCap: 27M
Key points
01
BROCCOLI714USDT rose 12.2% over the past 3600 seconds.
02
Binance open interest increased 43.7% to 5200000 USD.
03
The open interest-to-market capitalization ratio was 19.3%.
04
The 24-hour price change was an increase of 20.1%.
05
The post listed BROCCOLI714 market capitalization as 27000000 USD.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Open interest is the total value of contract positions that have not been settled. The post showed that the scale of related Binance contract positions increased while the BROCCOLI714USDT price rose; this describes short-term market and position changes and does not mean the price will necessarily continue to rise.
Why it matters to readers
Substantial changes in both price and open interest made the pair's short-term volatility and changes in contract exposure worth monitoring.
Beginners should treat this type of data as a market monitoring signal rather than direct trading advice. Contract trading involves leverage, and rapid adverse price movement can cause substantial losses.
Risks and unknowns
The data came only from the provided monitoring post, with no original Binance page or verification from another independent source.
The specific causes of the increases in open interest and price cannot be confirmed from the source.
The source cannot establish whether the market movement will continue or subsequently pull back.
The source did not provide trading volume, funding-rate, or liquidation data.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.