CARV rose by 17.4% over the past 1 hour, and Binance open interest increased by 13.5%.
BIBIBI
AT A GLANCE
The CARVUSDT price and Binance open interest rose together, while the 24-hour price change was +37.4%.
Article
🇨🇳 🟢 [CARVUSDT] Binance open interest +13.5%; price rose 17.4% over the past 3600 seconds; open interest: 1800000 USD; open interest-to-market capitalization ratio: 6.2%; 24-hour price change: +37.4%
🇺🇸 🟢 [CARVUSDT] Binance openinterest +13.5%, Price +17.4% in the past 3600 seconds, OI: $1.8M, OI/Marketcap ratio: 6.2%, 24H Price Change: +37.4%
💰 Market Cap
CARV MarketCap: 28.8M
Key points
01
CARVUSDT open interest on Binance increased 13.5%.
02
CARVUSDT rose 17.4% over the past 3600 seconds.
03
Open interest was 1800000 USD.
04
The open interest-to-market capitalization ratio was 6.2%.
05
The 24-hour price change was +37.4%.
06
CARV market capitalization was 28800000 USD.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
The data showed a short-term increase in the CARVUSDT price alongside higher Binance open interest. Open interest is the value of unsettled contracts; its increase means the value of unsettled positions grew, but the source did not state their direction.
Why it matters to readers
Both price and open interest changed substantially, showing that CARVUSDT trading data was moving rapidly and making subsequent changes worth monitoring.
Beginners should distinguish a price increase from position direction: an increase in open interest alone cannot establish whether traders were collectively bullish or bearish.
Risks and unknowns
The source did not describe the data source, statistical method, or accuracy.
The source did not state the long or short direction of the additional open interest.
These data alone cannot establish a causal relationship between the price change and the change in open interest.
The source data came from a single Telegram message and had not been independently verified.
Related Developments
Loading event timeline…
Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.