Monitoring information states that KORUUSDT the past 3600 seconds saw the price fall 4.2%, and open interest decreased 5.7%to 99300000 USD。
Article
🇨🇳 🔻 [KORUUSDT] Binance open interest -5.7%; price fell 4.2% over the past 3600 seconds; open interest: 99300000 USD; open interest-to-market capitalization ratio: 0.0%; 24-hour price change: +3.3%
🇺🇸 🔻 [KORUUSDT] Binance openinterest -5.7%, Price -4.2% in the past 3600 seconds, OI: $99.3M, OI/Marketcap ratio: 0.0%, 24H Price Change: +3.3%
KORU
Key points
01
KORUUSDT the past 3600 seconds saw a price decline 4.2%。
02
Binance open interest decreased by 5.7%.
03
Open interest was 99300000 USD.
04
The open interest-to-market capitalization ratio was 0.0%.
05
24-hour price change is+3.3%。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Open interest is the total number of contract positions that have not yet been settled. This snapshot shows that, when the price falls over a short period, open interest is also declining; however, 24-hour price change remains positive. These figures alone cannot determine whether the price will rise or fall next.
Why it matters to readers
The simultaneous decline in price and open interest indicates that both the price and the scale of contract positions contracted over a short period. This can be used to observe market volatility and changes in leveraged positions.
Beginners should view this as a single market data snapshot rather than a buy or sell signal; they can continue to observe whether the price and open interest sustain their current changes.
Risks and unknowns
The original text does not provide a link to Binance's underlying data, so these figures cannot be independently verified.
The calculation method or precision of the open interest/market capitalization ratio of 0.0%is not specified.
A single snapshot cannot confirm the subsequent price direction or explain the specific reason for the decline in positions.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.