JCTUSDT Past 1-hour increase of 40%, Binance open interest rose to 7600000 USD
BIBIBI
AT A GLANCE
Monitoring information indicates that over the past JCTUSDT 3600-second period, the price rose 40.0%, while Binance open interest increased by 13.6%。
Article
🇨🇳 🟢 [JCTUSDT] Binance open interest +13.6%; price rose 40.0% over the past 3600 seconds; open interest: 7600000 USD; open interest-to-market capitalization ratio: 33.8%; 24-hour price change: +31.9%
🇺🇸 🟢 [JCTUSDT] Binance openinterest +13.6%, Price +40.0% in the past 3600 seconds, OI: $7.6M, OI/Marketcap ratio: 33.8%, 24H Price Change: +31.9%
💰 Market Cap
JCT MarketCap: 22.5M
Key points
01
JCTUSDT Over the past 3600-second period, the price rose 40.0%。
02
Binance open interest increased 13.6%, reaching 7600000 USD。
03
The open interest-to-market capitalization ratio was 33.8%.
04
JCTUSDT of 24-hour price change was +31.9%。
05
JCT Market capitalization was 22500000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This information shows that JCTUSDT the price and open interest rose simultaneously over a short period. Open interest is the total amount of unsettled contract positions; an increase means that there are more contract positions in the market, but these data alone cannot determine the direction of the new positions or subsequent price movements.
Why it matters to readers
A sharp short-term price fluctuation accompanied by an increase in open interest suggests that market trading activity and volatility risk may be relatively high. The ratio of open interest to market capitalization was 33.8%, warranting continued observation of price and open-interest changes.
Beginners should understand this as an indication of volatility and contract activity, not as a buy or sell signal; the original text does not explain the reason for the increase or establish that the trend can continue.
Risks and unknowns
The original text does not provide the data calculation method or the exchange's raw details.
These data were not independently cross-verified against other sources in the original text.
An increase in open interest alone cannot indicate whether the new positions are long or short.
The original text does not explain the reason for the price increase or whether it can continue.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.