ATOMUSDT past 1 hours, Binance open interest increased 6.3%, and Binance open interest increased 7.1%to 29700000 USD
BIBIBI
AT A GLANCE
The monitoring channel stated that over the ATOMUSDT past 3600 seconds, the price rose 6.3%, while Binance open interest increased 7.1%。
Article
🇨🇳 🟢 [ATOMUSDT] Binance open interest +7.1%; price rose 6.3% over the past 3600 seconds; open interest: 29700000 USD; open interest-to-market capitalization ratio: 2.9%; 24-hour price change: +6.3%
🇺🇸 🟢 [ATOMUSDT] Binance openinterest +7.1%, Price +6.3% in the past 3600 seconds, OI: $29.7M, OI/Marketcap ratio: 2.9%, 24H Price Change: +6.3%
💰 Market Cap
ATOM MarketCap: 1B
Key points
01
ATOMUSDT past 3600 seconds, the price increased 6.3%。
02
Binance ATOMUSDT open interest increased 7.1%。
03
Open interest was 29700000 USD.
04
The open interest-to-market capitalization ratio was 2.9%.
05
24 The hourly price change is +6.3%。
06
ATOM The market capitalization is 1B。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Open interest is the size of contracts that have not yet been settled. The original text shows that ATOMUSDT as the price increased, Binance open interest also increased, but these figures alone cannot determine the direction of the new positions or the reason for the increase.
Why it matters to readers
The price and open interest both changed significantly during the same monitoring period, warranting continued observation of whether subsequent price and open-interest movements persist, but the original text is insufficient to prove a market trend or the direction of funds.
Beginners can treat this as an indication of short-term market movements and contract activity, but should not determine a trading direction based solely on this monitoring data.
Risks and unknowns
The data came from a monitoring channel; the original text did not provide a link to Binance's primary data.
The data collection method, accuracy, and specific statistical time point cannot be confirmed.
It cannot be determined whether the new open interest consists of long positions, short positions, or other positions.
“ATOM MarketCap: 1B” does not specify the pricing currency or exact value.
The causal relationship between the price increase and the increase in open interest is unknown.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.