SNDKUSDT rose by 2.8% over the past 1 hour, and Binance open interest increased by 2.0%.
BIBIBI
AT A GLANCE
Monitoring data indicates SNDKUSDT Over the past 3600 seconds, the price surged 2.8%, while Binance open interest increased 2.0%to 243500000 USD。
Article
🇨🇳 🟢 [SNDKUSDT] Binance open interest +2.0%; price rose 2.8% over the past 3600 seconds; open interest: 243500000 USD; open interest-to-market capitalization ratio: 0.5%; 24-hour price change: +0.0%
🇺🇸 🟢 [SNDKUSDT] Binance openinterest +2.0%, Price +2.8% in the past 3600 seconds, OI: $243.5M, OI/Marketcap ratio: 0.5%, 24H Price Change: +0.0%
💰 Market Cap
SNDK MarketCap: 50B
Key points
01
SNDKUSDT Over the past 3600 seconds, the price rose by 2.8%。
02
Binance open interest increased by 2.0%.
03
Open interest was 243500000 USD.
04
The open interest-to-market capitalization ratio was 0.5%.
05
24-hour price change was +0.0%。
06
Listed in the original text SNDK has a market capitalization of 50B。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
While the price rose briefly, open interest also increased, indicating a greater number of outstanding derivatives positions for the trading pair. However, 24 the hourly price change remains zero; a single short-term data point cannot confirm the subsequent direction.
Why it matters to readers
The simultaneous changes in open interest and price can be used to observe short-term trading activity and changes in leveraged positions, but these figures alone do not mean that the price will necessarily continue to rise.
Beginners may view this as an indicator of short-term market activity and should not determine a trend or trade solely based on a single change in price and open interest.
Risks and unknowns
The data comes from Telegram monitoring content; no original Binance records were provided for verification.
It remains unclear whether the price increase and rise in open interest will persist.
The original text does not specify the quotation currency for “50B”.
An increase in open interest alone cannot indicate the direction of newly added positions.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.