CLUSDT 1 hour decline 3%, while Binance Open Interest increased concurrently 2.6%
BIBIBI
AT A GLANCE
Binance CLUSDT Open Interest increased by 2.6%, while the price dropped by 3.0%, and the market capitalization is shown as 10000000000000。
Article
🇨🇳 🔻 [CLUSDT] Binance open interest +2.6%; price fell 3.0% over the past 3600 seconds; open interest: 245600000 USD; open interest-to-market capitalization ratio: 0.0%; 24-hour price change: -3.9%
🇺🇸 🔻 [CLUSDT] Binance openinterest +2.6%, Price -3.0% in the past 3600 seconds, OI: $245.6M, OI/Marketcap ratio: 0.0%, 24H Price Change: -3.9%
💰 Market Cap
CL MarketCap: 10T
Key points
01
CLUSDT Open Interest on Binance increased 2.6%
02
the past 3600 seconds CLUSDT price decline 3.0%
03
CLUSDT Open Interest is 245600000 USD
04
CLUSDT The Open Interest-to-market-capitalization ratio is 0.0%
05
CLUSDT 24 Hourly price change is -3.9%
06
CL The market capitalization is shown as
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This is monitoring information about the market data for a CLUSDT token on the Binance exchange. The data shows that although the token's contract holdings (Open Interest) rose slightly, its price declined in the short term. Notably, the market capitalization data mentioned () and the Open Interest ratio (0.0%) contain an obvious logical contradiction or data anomaly. Normally, when market capitalization is much larger than the contract amount, the ratio would not be 0, and a market capitalization of is extraordinarily large, so errors in the data source should be treated with caution.
Why it matters to readers
An increase in Open Interest accompanied by a price decline typically indicates growing bearish sentiment or short position opening. However, the anomalous market capitalization and ratio data may mislead investors in assessing the asset's scale.
Beginners should note that Open Interest represents the total number of contracts that remain open in the market, and its changes reflect the flow of funds. However, when faced with such an enormous market capitalization figure and an anomalous ratio, first question the accuracy of the data and avoid trading blindly.
Risks and unknowns
The market capitalization data's '' unit is unclear and the value is extraordinarily large, possibly indicating a data error
The Open Interest/market capitalization ratio is 0.0%and 245600000 USD of OI and a market capitalization are mathematically inconsistent
Related Developments
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The specific currency unit of '' (e.g., USD, CNY or others) has not been clarified
The data source is a Telegram monitoring channel and has not been officially verified
Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.