NBISUSDT 1 hour decline 6.4%, Binance open interest increased 7.9%to 31900000 USD

Article

🇨🇳 🔻 [NBISUSDT] Binance open interest +7.9%; price fell 6.4% over the past 3600 seconds; open interest: 31900000 USD; open interest-to-market capitalization ratio: 0.0%; 24-hour price change: +1.5% 🇺🇸 🔻 [NBISUSDT] Binance openinterest +7.9%, Price -6.4% in the past 3600 seconds, OI: $31.9M, OI/Marketcap ratio: 0.0%, 24H Price Change: +1.5%

💰 Market Cap NBIS MarketCap: 66B

Key points

NBISUSDT Over the past 3600 seconds, the price declined 6.4%。
Binance open interest increased 7.9%, reaching 31900000 USD。
The open interest-to-market capitalization ratio was 0.0%.
NBISUSDT's 24-hour price change was +1.5%。
The original text states that NBIS the market capitalization was 66B。

AI-assisted interpretation

The following is analysis, separate from reported facts. Verify important claims independently.

Open interest is the total amount of contracts that have not yet been settled. The original text shows that NBISUSDT when the price declined over a short period, open interest instead increased, indicating that contract positions in the market were growing; however, the original text does not provide the long/short direction, so it cannot be determined whether the new positions were primarily long or short.

Why it matters to readers

Rapid price changes coupled with rising contract positions indicate heightened short-term trading activity; subsequent price volatility and position-liquidation risks warrant attention.

Beginners should not determine direction based solely on a single change in price and open interest; they may continue to observe whether price, open interest, and other trading data continue to change.

Risks and unknowns

The data come from a monitoring channel; the original text does not include a Binance source page or statistical methodology.
The original text does not specify the long/short direction of the newly added open interest.
“66B” does not specify the denomination unit or the basis for calculating market capitalization.
The open interest-to-market-capitalization ratio is shown as 0.0%, but the original text does not specify the precision or rounding rules.

NBISUSDT 1 hour decline 6.4%, Binance open interest increased 7.9%to 31900000 USD

Article

AI-assisted interpretation

Why it matters to readers

Risks and unknowns

Related Developments

Related concepts

Keep following

Security Center