Binance KORUUSDT Open interest rises 5.2%,1 Hourly price decline 5.6%
BIBIBI
AT A GLANCE
KORUUSDT the past 3600 seconds, the price fell 5.6%, Binance's open interest increased 5.2%。
Article
🇨🇳 🔻 [KORUUSDT] Binance open interest +5.2%; price fell 5.6% over the past 3600 seconds; open interest: 81900000 USD; open interest-to-market capitalization ratio: 0.0%; 24-hour price change: -2.5%
🇺🇸 🔻 [KORUUSDT] Binance openinterest +5.2%, Price -5.6% in the past 3600 seconds, OI: $81.9M, OI/Marketcap ratio: 0.0%, 24H Price Change: -2.5%
KORU
Key points
01
KORUUSDT Over the past 3600 seconds, the price declined 5.6%。
02
Binance open interest increased by 5.2%.
03
Open interest was 81900000 USD.
04
The open interest-to-market capitalization ratio was 0.0%.
05
24 The hourly price change was -2.5%。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
As the price fell, the total amount of unsettled contract positions increased, indicating greater participation in the derivatives market. However, the source text does not specify whether these positions are long or short, so it cannot be determined from this alone whether they represent newly opened short positions, long positions buying the dip, or other trading activity.
Why it matters to readers
A significant simultaneous change in price and open interest over a short period may indicate increased short-term trading activity and volatility risk, warranting continued observation of subsequent price and contract-position changes.
Beginners should treat this type of data as a market observation signal rather than direct buying or selling advice; an increase in open interest alone cannot determine the price's next direction.
Risks and unknowns
The data comes only from the provided monitoring message, and no independent market-data source was provided for verification.
The source text does not specify the long or short direction of the newly added contract positions.
The source text does not provide funding-rate, trading-volume, or liquidation data.
Open interest/market capitalization ratio 0.0%The calculation method and precision are unspecified.
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Related concepts
Open Interest
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