NMRUSDT 1 Hourly decline 10%, while Binance open interest fell 9.5%
BIBIBI
AT A GLANCE
NMRUSDT Over the past 3600 seconds, the price fell 10.0%, while Binance open interest decreased 9.5%to 11900000 USD。
Article
🇨🇳 🔻 [NMRUSDT] Binance open interest -9.5%; price fell 10.0% over the past 3600 seconds; open interest: 11900000 USD; open interest-to-market capitalization ratio: 9.5%; 24-hour price change: -4.8%
🇺🇸 🔻 [NMRUSDT] Binance openinterest -9.5%, Price -10.0% in the past 3600 seconds, OI: $11.9M, OI/Marketcap ratio: 9.5%, 24H Price Change: -4.8%
💰 Market Cap
NMR MarketCap: 126M
Key points
01
NMRUSDT Over the past 3600 seconds, the price fell 10.0%。
02
Binance open interest decreased by 9.5%.
03
Open interest was 11900000 USD.
04
The open interest-to-market capitalization ratio was 9.5%.
05
24 The hourly price change was -4.8%。
06
NMR The market capitalization was 126M。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Open interest is the total amount of outstanding contract positions that have not yet been settled. Here, the simultaneous declines in price and open interest indicate that the price fell during this period while the size of contract positions remaining in the market decreased; the original text does not specify the exact reason.
Why it matters to readers
A significant short-term price movement accompanied by a simultaneous reduction in contract positions indicates that NMRUSDT the market is changing rapidly, and participants should monitor subsequent price and open interest data.
Beginners should treat this as a market-monitoring signal rather than trading advice; a single data point cannot explain the reason for the decline or indicate what will happen next.
Risks and unknowns
The original text does not provide a link to the exchange's raw data, so the relevant figures cannot be independently verified from this text alone.
The original text does not explain the reason for the price decline and decrease in open interest.
The original text does not provide trading volume, liquidation details, or other market data.
“126M” is not further specified in the original text.
Related Developments
Loading event timeline…
Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.