ETHUSDT Over the past 1 hours, the price fell 3.2%, while Binance open interest declined 4.1%
BIBIBI
AT A GLANCE
ETHUSDT The short-term price decline 3.2%, with Binance open interest declining in tandem 4.1%。
Article
🇨🇳 🔻 [ETHUSDT] Binance open interest -4.1%; price fell 3.2% over the past 3600 seconds; open interest: 5651500000 USD; open interest-to-market capitalization ratio: 1.8%; 24-hour price change: -4.6%
🇺🇸 🔻 [ETHUSDT] Binance openinterest -4.1%, Price -3.2% in the past 3600 seconds, OI: $5651.5M, OI/Marketcap ratio: 1.8%, 24H Price Change: -4.6%
Key points
01
Over the past 3600 seconds,ETHUSDT the price fell 3.2%。
02
Binance open interest decreased by 4.1%.
03
Open interest was 5651500000 USD.
04
The open interest-to-market capitalization ratio was 1.8%.
05
24-hour price change was -4.6%。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
The price and open interest declined simultaneously, indicating that ETHUSDT the total amount of unsettled contract positions also decreased during the decline. The source does not explain the specific reason for the decrease in positions.
Why it matters to readers
These data can be used to observe whether short-term price fluctuations and changes in contract positions are moving in tandem, but they cannot alone determine the subsequent price direction.
Beginners can understand “open interest” as the size of contract positions that have not yet been settled; its decline indicates that the total amount of such positions decreased and does not mean that the price will necessarily continue to fall or rebound.
Risks and unknowns
The source does not specify the data collection method or the exact statistical time point.
No liquidation size, spot trading volume, or data from other exchanges was provided.
The source does not allow confirmation that the decline in open interest was caused by voluntary position closures, liquidations, or other factors.
The data comes from a single monitoring message, with no cross-verification provided.
Related Developments
Loading event timeline…
Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.