PHAUSDT rose by 13.9% over the past 1 hour, while Binance open interest increased by 15.3% to 5400000 USD
BIBIBI
AT A GLANCE
Monitoring information indicates that,PHAUSDT over the past 3600 seconds, it rose 13.9%, Binance open interest increased 15.3%。
Article
🇨🇳 🟢 [PHAUSDT] Binance open interest +15.3%; price rose 13.9% over the past 3600 seconds; open interest: 5400000 USD; open interest-to-market capitalization ratio: 10.7%; 24-hour price change: +28.0%
🇺🇸 🟢 [PHAUSDT] Binance openinterest +15.3%, Price +13.9% in the past 3600 seconds, OI: $5.4M, OI/Marketcap ratio: 10.7%, 24H Price Change: +28.0%
💰 Market Cap
PHA MarketCap: 49.3M
Key points
01
PHAUSDT Over the past 3600 seconds, the price rose 13.9%。
02
Binance open interest increased by 15.3%.
03
Open interest was 5400000 USD.
04
The open interest-to-market capitalization ratio was 10.7%.
05
24 hour price change is +28.0%。
06
PHA market capitalization is 49300000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
As the price rose, open interest also increased, indicating an expansion in the scale of unsettled contracts. However, these data cannot show whether the new positions are primarily long or short.
Why it matters to readers
Both the price and contract scale rose significantly within a short period, indicating that market trading activity and potential volatility may increase.
Beginners should treat this type of alert as a market observation signal rather than a direct basis for buying or selling; an increase in open interest does not mean that the price will necessarily continue to rise.
Risks and unknowns
The original text does not provide Binance's original market data page or other sources for cross-verification.
The long or short direction of new positions cannot be determined from open interest alone.
The original text does not provide funding rate, trading volume, or liquidation data.
It is unknown whether the price can sustain its subsequent rise.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.