KORUUSDT 1 hours declined 4.3%, while Binance open interest increased by 7.8%
BIBIBI
AT A GLANCE
KORUUSDT Over the past 3600 seconds, it declined by 4.3%, while Binance open interest increased by 7.8%。
Article
🇨🇳 🔻 [KORUUSDT] Binance open interest +7.8%; price fell 4.3% over the past 3600 seconds; open interest: 110700000 USD; open interest-to-market capitalization ratio: 0.0%; 24-hour price change: -8.1%
🇺🇸 🔻 [KORUUSDT] Binance openinterest +7.8%, Price -4.3% in the past 3600 seconds, OI: $110.7M, OI/Marketcap ratio: 0.0%, 24H Price Change: -8.1%
KORU
Key points
01
KORUUSDT Over the past 3600 seconds, the price declined by 4.3%。
02
Binance open interest increased by 7.8%.
03
Open interest was 110700000 USD.
04
The open interest-to-market capitalization ratio was 0.0%.
05
24-hour price change was -8.1%。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
An increase in open interest while the price declines indicates that the scale of unsettled contracts has grown. The source text provides only monitoring figures and does not state the direction of the new positions; therefore, it cannot be used to determine whether longs or shorts predominate.
Why it matters to readers
The short-term price decline alongside increased contract exposure warrants attention to whether price and open interest continue to change; however, the source text is insufficient to confirm future trends.
Beginners should regard this as a volatility alert for the derivatives market, rather than a clear buy or sell signal; an increase in open interest alone does not mean that the price will necessarily rise or fall.
Risks and unknowns
The source text does not provide a link to Binance's original data, so the relevant figures cannot be independently verified.
It does not state whether the increase in open interest came from longs or shorts.
It does not explain the calculation method for the open interest-to-market-cap ratio of 0.0%.
The source text does not provide funding-rate, liquidation, or trading-volume data.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.