[REDUSDT] Over the past 1 hours, it rose 11.8%, Binance open interest increased 35.1%
BIBIBI
AT A GLANCE
Monitoring information indicates that REDUSDT the price and Binance open interest both rose in the short term.
Article
🇨🇳 🟢 [REDUSDT] Binance open interest +35.1%; price rose 11.8% over the past 3600 seconds; open interest: 3400000 USD; open interest-to-market capitalization ratio: 4.2%; 24-hour price change: +22.5%
🇺🇸 🟢 [REDUSDT] Binance openinterest +35.1%, Price +11.8% in the past 3600 seconds, OI: $3.4M, OI/Marketcap ratio: 4.2%, 24H Price Change: +22.5%
Key points
01
Over the past 3600 seconds,REDUSDT the price rose 11.8%。
02
Binance open interest increased by 35.1%.
03
Open interest was 3400000 USD.
04
The open interest-to-market capitalization ratio was 4.2%.
05
24-hour price change was +22.5%。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Open interest is the volume of contracts that have not yet been settled. The original text indicates that REDUSDT when the price rose, Binance open interest also increased, meaning more contract positions remained in the market, but the original text does not specify the direction of these positions.
Why it matters to readers
Price and open interest changed significantly over a short period. It is worth monitoring whether the price and contract scale continue to change.
Beginners should not interpret an increase in open interest as necessarily indicating further gains; this indicator does not show whether the new positions are long or short.
Risks and unknowns
These data are derived solely from the provided monitoring information; no original Binance data were provided for independent verification.
The original text does not specify whether the increase in open interest came from long or short positions.
The original text does not explain the reasons for the price increase and the rise in open interest.
Subsequent changes in price and open interest are unknown.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.