Binance GTCUSDT Open interest rises 10.5%,1 hour price rises 13.5%
BIBIBI
AT A GLANCE
GTCUSDT Price and open interest are rising simultaneously; volatility risk should be noted.
Article
🇨🇳 🟢 [GTCUSDT] Binance open interest +10.5%; price rose 13.5% over the past 3600 seconds; open interest: 5800000 USD; open interest-to-market capitalization ratio: 27.6%; 24-hour price change: +22.2%
🇺🇸 🟢 [GTCUSDT] Binance openinterest +10.5%, Price +13.5% in the past 3600 seconds, OI: $5.8M, OI/Marketcap ratio: 27.6%, 24H Price Change: +22.2%
💰 Market Cap
GTC MarketCap: 21.3M
Key points
01
Binance Monitoring shows that GTCUSDT over the past 3600 seconds, the price increased 13.5%。
02
Open interest increased 10.5%, reaching 5800000 USD。
03
The open interest-to-market capitalization ratio was 27.6%.
04
GTCUSDT Over the past 24 hours, the price change was +22.2%。
05
GTC Market capitalization is 21300000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Open interest represents the size of contracts that remain open. Here, open interest also increased as the price rose, indicating that contract-market data moved in tandem during this period; this does not mean the price will necessarily continue to rise.
Why it matters to readers
The short-term price increase is relatively large, and the ratio of open interest to market capitalization is 27.6%. Investors may watch whether price and open interest continue to move in tandem or diverge.
Beginners can first understand signals: price indicates the magnitude of gains, while open interest indicates the size of contracts that have not yet been closed. When both rise simultaneously, this does not mean there is no downside risk.
Risks and unknowns
The evidence comes from a monitoring channel and does not provide Binance a link to the original data.
This information reflects only a single monitoring point and cannot confirm whether the trend will continue.
The evidence does not specify the exact long/short direction corresponding to the increase 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.