XRP extended its gains as Binance open interest rose to 609000000 USD
BIBIBI
AT A GLANCE
XRPUSDT open interest on Binance increased 2.2%, while the price rose 2.0% over the past 3600 seconds.
Article
🇨🇳 🟢 [XRPUSDT] Binance open interest +2.2%, over the past 3600 seconds the price rose 2.0%, open interest: 609000000 USD, open interest/market capitalization ratio: 0.6%, 24-hour price change: +9.0%
🇺🇸 🟢 [XRPUSDT] Binance open interest +2.2%, Price +2.0% in the past 3600 seconds, OI: $609.0M, OI/Marketcap ratio: 0.6%, 24H Price Change: +9.0%
Key points
01
Binance XRPUSDT open interest increased 2.2%.
02
Over the past 3600 seconds, XRPUSDT rose 2.0%.
03
Open interest was 609000000 USD.
04
The open interest-to-market capitalization ratio was 0.6%.
05
The 24-hour price change was +9.0%.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
The monitoring information lists changes in XRPUSDT price and open interest together: the price rose 2.0% over the past 3600 seconds, while open interest increased 2.2%.
Why it matters to readers
These data can be used to observe changes in XRPUSDT price and open interest over the same period, but the source does not establish a causal relationship between them.
Beginners can focus first on the time frames and indicators: the price change over 3600 seconds, the 24-hour price change, open interest, and its market-capitalization ratio.
Risks and unknowns
The source does not provide the data-collection method or an independent verification source.
The source does not state whether the price increase and the increase in open interest have a causal relationship.
These data alone cannot confirm the subsequent price direction.
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Related concepts
Open Interest
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