REDUSDT Over the past 1 hours, down 10.6%, Binance open interest increased 12.5%
BIBIBI
AT A GLANCE
REDUSDT Over the past 3600 seconds, down 10.6%, Binance open interest increased 12.5%。
Article
🇨🇳 🔻 [REDUSDT] Binance open interest +12.5%; price fell 10.6% over the past 3600 seconds; open interest: 2200000 USD; open interest-to-market capitalization ratio: 3.1%; 24-hour price change: -23.4%
🇺🇸 🔻 [REDUSDT] Binance openinterest +12.5%, Price -10.6% in the past 3600 seconds, OI: $2.2M, OI/Marketcap ratio: 3.1%, 24H Price Change: -23.4%
Key points
01
REDUSDT Over the past 3600 seconds, the price fell 10.6%。
02
Binance open interest increased by 12.5%.
03
Open interest was 2200000 USD.
04
The open interest-to-market capitalization ratio was 3.1%.
05
24 The hourly price change was -23.4%。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Open interest is the scale of contracts that have not yet been settled. This monitoring information shows that REDUSDT during the price decline, the amount of unsettled contracts on Binance increased somewhat, but the original text does not specify the direction of the newly added positions.
Why it matters to readers
A significant short-term price decline accompanied by rising open interest indicates that the scale of unsettled contracts in the market is expanding. Subsequent price and open interest changes warrant continued observation.
Beginners should view this set of data as an indication of market volatility, not as a definitive prediction of price direction; an increase in open interest alone cannot determine whether longs or shorts are dominant.
Risks and unknowns
The original text does not state the reason for the price decline.
The original text does not state whether the newly added open interest represents long or short positions.
The original text does not provide funding rate, liquidation volume, or trading volume data.
The data comes from a monitoring message; the original text does not provide the calculation method or further verification information.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.