KORUUSDT On Binance, over the past 1 hours, the price fell 4.1%, while open interest increased 14.5%to 109000000 USD
BIBIBI
AT A GLANCE
KORUUSDT As the price fell, open interest on Binance increased.
Article
🇨🇳 🔻 [KORUUSDT] Binance open interest +14.5%; price fell 4.1% over the past 3600 seconds; open interest: 109000000 USD; open interest-to-market capitalization ratio: 0.0%; 24-hour price change: -27.2%
🇺🇸 🔻 [KORUUSDT] Binance openinterest +14.5%, Price -4.1% in the past 3600 seconds, OI: $109.0M, OI/Marketcap ratio: 0.0%, 24H Price Change: -27.2%
KORU
Key points
01
The evidence claims that KORUUSDT open interest on Binance increased 14.5%。
02
Over the past 3600 seconds, the price fell 4.1%。
03
Open interest was 109000000 USD.
04
The open interest-to-market capitalization ratio was 0.0%.
05
24 The hourly price change was -27.2%。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Open interest represents the size of contracts that have not yet been closed. This message indicates that open interest continued to increase while the price fell, but these data alone cannot determine the subsequent price direction or specific cause.
Why it matters to readers
The simultaneous changes in price and contract positions indicate that short-term market trading activity warrants attention; however, the data itself cannot establish a causal relationship.
Beginners should note that an increase in open interest does not mean that the price will necessarily rise, nor does it necessarily mean that a profit opportunity exists.
Risks and unknowns
The evidence comes from a Telegram message and does not provide Binance's original API data or independent verification materials.
The evidence does not state whether the increase in open interest corresponds to long or short positions.
The evidence does not provide trading volume, funding rates, liquidation data, or spot price information.
KORU The project's background and the asset's specific identity are not stated in the evidence.
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Related concepts
Open Interest
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