SPCXUSDT 1 hour decline 2.2%, while open interest on Binance rose 2.4%to 456500000 USD
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AT A GLANCE
SPCXUSDT In the past 3600 seconds, it fell 2.2%, while Binance open interest increased 2.4%to 456500000 USD。
Article
🇨🇳 🔻 [SPCXUSDT] Binance open interest +2.4%; price fell 2.2% over the past 3600 seconds; open interest: 456500000 USD; open interest-to-market capitalization ratio: 0.0%; 24-hour price change: +6.3%
🇺🇸 🔻 [SPCXUSDT] Binance openinterest +2.4%, Price -2.2% in the past 3600 seconds, OI: $456.5M, OI/Marketcap ratio: 0.0%, 24H Price Change: +6.3%
SPCX
Key points
01
SPCXUSDT Over the past 3600 seconds, the price fell 2.2%。
02
Binance open interest increased by 2.4%.
03
Open interest was 456500000 USD.
04
The open interest-to-market capitalization ratio was 0.0%.
05
24-hour price change was +6.3%。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Within a short period,SPCXUSDT the price declined while open interest increased, indicating that the size of unsettled contracts grew. The original text does not specify whether the new positions were long or short; therefore, these data alone cannot be used to determine subsequent price movements.
Why it matters to readers
Changes in price and open interest can be used to observe short-term trading activity and potential volatility; however, this is only a monitoring data point and cannot independently establish a directional view.
Beginners should distinguish between price changes and changes in open interest: an increase in position size does not necessarily mean that the price will rise, nor does it mean that all new traders are taking long positions.
Risks and unknowns
The original text does not state whether the new open interest is long or short.
The original text does not provide a data calculation methodology or an independent verification source.
Open interest is 456500000 USD, but the open interest/market capitalization ratio indicates 0.0%, and its calculation methodology or accuracy cannot be confirmed.
The subsequent price direction cannot be confirmed from a single monitoring data point.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.