Binance NMRUSDT Open interest rises 63%,1 Hourly price rises 29.5%
BIBIBI
AT A GLANCE
The monitoring post states that Binance NMRUSDT open interest increased 63.0%, while the price rose 29.5%。
Article
🇨🇳 🟢 [NMRUSDT] Binance open interest +63.0%; price rose 29.5% over the past 3600 seconds; open interest: 11600000 USD; open interest-to-market capitalization ratio: 9.2%; 24-hour price change: +31.8%
🇺🇸 🟢 [NMRUSDT] Binance openinterest +63.0%, Price +29.5% in the past 3600 seconds, OI: $11.6M, OI/Marketcap ratio: 9.2%, 24H Price Change: +31.8%
💰 Market Cap
NMR MarketCap: 127.1M
Key points
01
The original text states that Binance NMRUSDT open interest increased 63.0%。
02
The original text states that NMRUSDT the price rose over the past 3600 seconds 29.5%。
03
The open interest listed in the original text was 11600000 USD。
04
The open-interest-to-market-capitalization ratio listed in the original text was 9.2%。
05
The 24-hour price change listed in the original text was +31.8%。
06
The NMR market capitalization listed in the original text was 127100000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Open interest is the size of derivatives contracts that have not yet been settled. The post shows that it and the NMRUSDT price both rose significantly during the stated period, indicating that both the size of contract positions and the price changed substantially; however, the original text does not explain the cause of the changes.
Why it matters to readers
Large short-term changes in price and open interest may indicate strong market volatility. The ratio of open interest to market capitalization can also be used to observe the scale of derivatives positions, but these figures alone cannot prove the direction of subsequent price movements.
Beginners should treat this type of monitoring information as an indication of abnormal volatility rather than a trading signal; without original exchange data and verification from other information, trading decisions should not be made solely on the basis of this post.
Risks and unknowns
The data comes from a monitoring post; the original text does not provide a link to Binance's original data or independent verification.
The specific reasons for the increase in open interest and price cannot be confirmed from the original text.
The original text does not indicate whether the new contract positions are primarily long or short.
The original text does not provide trading-volume, spot-buying, funding-rate, or liquidation data.
It cannot be confirmed whether these changes continued or have already reversed.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.