DOTUSDT past 3600 seconds, the price fell 6.2%, while Binance open interest declined 5.3%
BIBIBI
AT A GLANCE
Monitoring data shows that DOTUSDT both the price and open interest declined.
Article
🇨🇳 🔻 [DOTUSDT] Binance open interest -5.3%; price fell 6.2% over the past 3600 seconds; open interest: 33000000 USD; open interest-to-market capitalization ratio: 1.8%; 24-hour price change: -6.3%
🇺🇸 🔻 [DOTUSDT] Binance openinterest -5.3%, Price -6.2% in the past 3600 seconds, OI: $33.0M, OI/Marketcap ratio: 1.8%, 24H Price Change: -6.3%
💰 Market Cap
DOT MarketCap: 1.9B
Key points
01
Binance DOTUSDT open interest declined 5.3%。
02
past 3600 seconds,DOTUSDT the price fell 6.2%。
03
Open interest was 33000000 USD.
04
The open interest-to-market capitalization ratio was 1.8%.
05
24 The hourly price change was -6.3%。
06
DOT The market capitalization was 1900000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Open interest refers to the size of contracts that have not yet been closed. The data in this item shows that the price and this indicator declined simultaneously during the corresponding period, but the information does not explain the specific cause of the decline.
Why it matters to readers
Synchronized changes in price and open interest can serve as a signal for observing DOTUSDT short-term market conditions.
Beginners can first focus on the relationship among price changes, contract size, and market capitalization, and should not judge subsequent trends based solely on a single piece of monitoring data.
Risks and unknowns
The information comes from a Telegram monitoring channel, and no independent source cross-validation was provided.
It is impossible to determine from this information alone whether the decline in open interest was caused by position closing, liquidation, or another reason.
The information does not state whether other exchanges or the spot market experienced changes in the same direction.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.