ALCH rose by 16.3% over the past 1 hour, and Binance open interest increased by 20.7%.
BIBIBI
AT A GLANCE
The ALCHUSDT price and Binance open interest both rose sharply, while the 24-hour price change was +39.3%.
Article
🇨🇳 🟢 [ALCHUSDT] Binance open interest +20.7%; price rose 16.3% over the past 3600 seconds; open interest: 6800000 USD; open interest-to-market capitalization ratio: 12.6%; 24-hour price change: +39.3%
🇺🇸 🟢 [ALCHUSDT] Binance openinterest +20.7%, Price +16.3% in the past 3600 seconds, OI: $6.8M, OI/Marketcap ratio: 12.6%, 24H Price Change: +39.3%
💰 Market Capitalization
ALCH MarketCap: 56.3M
Key points
01
ALCHUSDT open interest on Binance increased by 20.7%.
02
The ALCHUSDT price rose 16.3% over the past 3600 seconds.
03
Open interest was 6800000 USD.
04
The open interest-to-market capitalization ratio was 12.6%.
05
The 24-hour price change was +39.3%.
06
ALCH market capitalization was 56300000 USD.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
The monitoring information shows that the ALCHUSDT price recently rose while Binance open interest also increased. Open interest is the scale of contracts not yet settled; an increase means the scale of unsettled contracts expanded.
Why it matters to readers
Price, open interest, and its ratio to market capitalization can help monitor recent price and contract-scale changes in the trading pair.
Beginners can treat this as a market-volatility alert, but the data alone cannot show the subsequent price direction.
Risks and unknowns
The source provides no data-calculation method or independent verification source.
These data alone cannot confirm a causal relationship between the price rise and the increase in open interest.
The source does not state the statistical starting point for the change in open interest.
The source does not state the full name of the project corresponding to ALCH.
Related Developments
Loading event timeline…
Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.