SYNUSDT Over the past 1 hours, up 12.4%, Binance open interest increased to 8800000 USD
BIBIBI
AT A GLANCE
Monitoring indicates SYNUSDT 1 hours, up 12.4%, Binance open interest increased 12.3%to 8800000 USD。
Article
🇨🇳 🟢 [SYNUSDT] Binance open interest +12.3%; price rose 12.4% over the past 3600 seconds; open interest: 8800000 USD; open interest-to-market capitalization ratio: 20.8%; 24-hour price change: +22.0%
🇺🇸 🟢 [SYNUSDT] Binance openinterest +12.3%, Price +12.4% in the past 3600 seconds, OI: $8.8M, OI/Marketcap ratio: 20.8%, 24H Price Change: +22.0%
💰 Market Cap
SYN MarketCap: 42.5M
Key points
01
SYNUSDT Over the past 3600 seconds, price increased 12.4%。
02
Binance open interest increased by 12.3%.
03
Open interest was 8800000 USD.
04
The open interest-to-market capitalization ratio was 20.8%.
05
24-hour price change is +22.0%。
06
SYN Market cap is 42500000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This monitoring report shows that SYNUSDT the price and Binance open interest rose simultaneously over a short period. Open interest refers to the total volume of unsettled futures positions; an increase only indicates greater futures participation and, based on these data alone, cannot establish the subsequent price direction.
Why it matters to readers
Price rose rapidly alongside an increase in open interest, indicating relatively active short-term trading activity. The ratio of open interest to market cap is 20.8%, and the price may subsequently become more sensitive to changes in contract positions.
Beginners may regard this as an indication of market activity, but should not treat a single monitoring report directly as trading advice; they may continue to observe whether the price and open interest maintain their current changes.
Risks and unknowns
The evidence did not provide a link to Binance's original data, so the relevant figures cannot be independently verified.
The evidence cannot confirm whether the increase in open interest came from long or short positions.
The evidence did not provide funding-rate data, liquidation data, or subsequent price performance.
A short-term price increase and rising open interest do not mean that the price will continue to rise.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.