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ENSOUSDT The data shows that price and open interest rose simultaneously over the short term.
🇨🇳 🟢 [ENSOUSDT] Binance open interest +12.0%; price rose 16.7% over the past 3600 seconds; open interest: 5800000 USD; open interest-to-market capitalization ratio: 22.0%; 24-hour price change: +15.8% 🇺🇸 🟢 [ENSOUSDT] Binance openinterest +12.0%, Price +16.7% in the past 3600 seconds, OI: $5.8M, OI/Marketcap ratio: 22.0%, 24H Price Change: +15.8%
💰 Market Cap ENSO MarketCap: 26.3M
ENSOUSDT past 3600 seconds, the price rose 16.7%。
Binance open interest increased 12.0%, to 5800000 USD。
The open interest-to-market capitalization ratio was 22.0%.
ENSOUSDT 24 hourly price change was +15.8%。
ENSO Market capitalization was 26300000 USD。
The following is analysis, separate from reported facts. Verify important claims independently.
Open interest represents the size of contracts that have not yet been closed; here, the price increase occurred simultaneously with an increase in this indicator, indicating that market activity indicators rose in sync during this period.
Short-term price fluctuations were relatively large; open interest and related ratios can be used to observe the level of participation in the derivatives market.
Beginners should distinguish between the price increase, open interest, and market capitalization: these describe price changes, the size of outstanding contracts, and the total value of the asset, respectively.
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