HAEDALUSDT 1 hour decline 13.3%, with Binance open interest rising to 2500000 USD

Article

🇨🇳 🔻 [HAEDALUSDT] Binance open interest +15.4%; price fell 13.3% over the past 3600 seconds; open interest: 2500000 USD; open interest-to-market capitalization ratio: 19.7%; 24-hour price change: +1.5% 🇺🇸 🔻 [HAEDALUSDT] Binance openinterest +15.4%, Price -13.3% in the past 3600 seconds, OI: $2.5M, OI/Marketcap ratio: 19.7%, 24H Price Change: +1.5%

💰 Market Cap HAEDAL MarketCap: 12.8M

Key points

HAEDALUSDT Over the past 3600 seconds, the price fell 13.3%。
Binance open interest increased by 15.4%.
Open interest was 2500000 USD.
The open interest-to-market capitalization ratio was 19.7%.
24 The hourly price change was +1.5%。
HAEDAL The market capitalization was 12800000 USD。

AI-assisted interpretation

The following is analysis, separate from reported facts. Verify important claims independently.

When the price falls rapidly while open interest increases, it indicates that the amount of capital in outstanding contracts is expanding. This data describes the simultaneous short-term changes in price and contract positions, but does not indicate whether the newly added positions are primarily long or short.

Why it matters to readers

Sharp price volatility accompanied by rising open interest means that more contract positions are exposed to volatility; however, these figures alone cannot determine the price's next direction or confirm whether liquidations will occur.

Beginners can understand open interest as the size of contracts in the market that have not yet been settled. An increase does not mean the market is bullish or bearish; it needs to be considered together with long and short positioning, trading volume, and subsequent price movements.

Risks and unknowns

The source text does not specify the long/short direction of the newly added open interest.
The source text does not provide the exchange's raw data or a continuous time series for verification.
The source text does not specify whether any abnormal liquidations have already occurred.
The subsequent price direction cannot be determined from this set of data alone.

HAEDALUSDT 1 hour decline 13.3%, with Binance open interest rising to 2500000 USD

Article

AI-assisted interpretation

Why it matters to readers

Risks and unknowns

Related Developments

Related concepts

Keep following

Security Center