SPCXUSDT 1 hour decline 2.1%, Binance open interest increased 8.5%
BIBIBI
AT A GLANCE
Monitoring information stated that SPCXUSDT As the price fell, Binance open interest increased 8.5%to 354800000 USD。
Article
🇨🇳 🔻 [SPCXUSDT] Binance open interest +8.5%; price fell 2.1% over the past 3600 seconds; open interest: 354800000 USD; open interest-to-market capitalization ratio: 0.0%; 24-hour price change: -1.0%
🇺🇸 🔻 [SPCXUSDT] Binance openinterest +8.5%, Price -2.1% in the past 3600 seconds, OI: $354.8M, OI/Marketcap ratio: 0.0%, 24H Price Change: -1.0%
💰 Market Cap
SPCX MarketCap: 2.1T
Key points
01
SPCXUSDT Over the past 3600 seconds, the price fell by 2.1%。
02
Binance open interest increased by 8.5%.
03
Open interest was 354800000 USD.
04
The open interest/market capitalization ratio was labeled 0.0%。
05
24 The hourly price change was -1.0%。
06
SPCX Market capitalization was labeled 2.1T。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Open interest is the size of contracts that have not yet been closed. The source text states that SPCXUSDT the price fell over a short period while open interest increased, indicating that the size of contract positions in the market increased; the source text does not state whether the new positions were long or short.
Why it matters to readers
The simultaneous occurrence of a price decline and an increase in open interest warrants continued observation of subsequent changes in price and contract positions, but these data alone cannot determine the market direction or the nature of the new positions.
Beginners can view this as an indicator of market volatility and contract activity, and should not determine whether to buy or sell solely based on an increase in open interest.
Risks and unknowns
The information comes from an automated monitoring channel; the source text provides no original exchange API or independent verification materials.
It cannot be confirmed from the source text whether the new open interest was long or short.
SPCX Market capitalization “2.1T” — the currency unit and statistical basis are not specified.
The open interest/market capitalization ratio is marked as 0.0%, and its calculation and rounding basis are unclear.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.