MAGMAUSDT past 1 hours, up 27.1%, Binance open interest increased 27.8%to 8400000 USD

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🇨🇳 🟢 [MAGMAUSDT] Binance open interest +27.8%; price rose 27.1% over the past 3600 seconds; open interest: 8400000 USD; open interest-to-market capitalization ratio: 13.7%; 24-hour price change: +62.6% 🇺🇸 🟢 [MAGMAUSDT] Binance openinterest +27.8%, Price +27.1% in the past 3600 seconds, OI: $8.4M, OI/Marketcap ratio: 13.7%, 24H Price Change: +62.6%

💰 Market Cap MAGMA MarketCap: 61.3M

Key points

MAGMAUSDT over the past 3600 seconds, the price rose 27.1%。
Binance open interest increased by 27.8%.
Open interest was 8400000 USD.
The open interest-to-market capitalization ratio was 13.7%.
MAGMAUSDT of 24 the hourly price change was +62.6%。
MAGMA the market capitalization was 61300000 USD。

AI-assisted interpretation

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

Open interest is the total amount of unsettled contract positions. The original text shows that MAGMAUSDT as the price rose in the short term, Binance open interest also increased, meaning that the size of unsettled contracts in the market expanded; however, these figures alone cannot confirm the direction of subsequent price movements.

Why it matters to readers

The price and open interest changed significantly over a short period, indicating that MAGMAUSDT is currently in a period of high volatility. Participants should monitor whether the price and contract positions continue to move in sync.

Beginners should treat this type of data as a market-monitoring signal, not as trading advice. 24 A relatively large hourly increase does not mean that the price will continue to rise.

Risks and unknowns

The data came from a single monitoring channel, and the original text did not provide a calculation method or an independently verifiable exchange page.
The original text did not specify which trading directions or positions accounted for the increase in open interest.
The subsequent market direction cannot be determined solely from the simultaneous rise in price and open interest.
The original text did not specify the source or statistical basis of the market capitalization data.

MAGMAUSDT past 1 hours, up 27.1%, Binance open interest increased 27.8%to 8400000 USD

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