FORM rose by 33.4% over the past 1 hour, and Binance open interest increased by 37.9%.
BIBIBI
AT A GLANCE
FORMUSDT open interest on Binance increased 37.9%, while its price rose 33.4% over the past 3600 seconds.
Article
🇨🇳 🟢 [FORMUSDT] Binance open interest +37.9%, over the past 3600 seconds the price rose 33.4%, open interest: 18400000 USD, open interest/market capitalization ratio: 14.4%, 24-hour price change: +44.0%
🇺🇸 🟢 [FORMUSDT] Binance open interest +37.9%, Price +33.4% in the past 3600 seconds, OI: $18.4M, OI/Marketcap ratio: 14.4%, 24H Price Change: +44.0%
Key points
01
FORMUSDT open interest on Binance increased 37.9%.
02
Over the past 3600 seconds, FORMUSDT rose 33.4%.
03
Open interest was 18400000 USD.
04
The open interest-to-market capitalization ratio was 14.4%.
05
The 24-hour price change was +44.0%.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Open interest is the value of contracts that have not yet been settled. The source shows that FORMUSDT price and open interest both rose significantly during the stated period but does not explain why.
Why it matters to readers
The rapid simultaneous increases in price and open interest make the related derivatives trading activity worth monitoring and may be accompanied by substantial price volatility.
Beginners should treat this type of data as a market-movement alert rather than buying or selling advice; the source provides no information on whether the trend can continue.
Risks and unknowns
The source data come from a single monitoring message and have not been independently verified.
The source does not explain why price and open interest rose.
It is not possible to confirm whether the upward trend will continue.
The source does not state the exact start and end times of the data period.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.