GTCUSDT past 1 hours, Binance open interest increased to 20.6%, 6800000 USD
BIBIBI
AT A GLANCE
The monitoring post stated that GTCUSDT the price and Binance open interest rose sharply in tandem, but the data has not been independently verified.
Article
🇨🇳 🟢 [GTCUSDT] Binance open interest +14.9%; price rose 20.6% over the past 3600 seconds; open interest: 6800000 USD; open interest-to-market capitalization ratio: 45.6%; 24-hour price change: +92.6%
🇺🇸 🟢 [GTCUSDT] Binance openinterest +14.9%, Price +20.6% in the past 3600 seconds, OI: $6.8M, OI/Marketcap ratio: 45.6%, 24H Price Change: +92.6%
💰 Market Cap
GTC MarketCap: 14.5M
Key points
01
GTCUSDT Over the past 3600 seconds, the price rose 20.6%。
02
Binance open interest increased by 14.9%, reaching 6800000 USD。
03
The open interest-to-market capitalization ratio was 45.6%.
04
GTCUSDT with a 24-hour price change of +92.6%。
05
The market capitalization of GTC listed in the post was 14500000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This monitoring information shows that as the GTCUSDT price rose rapidly, unsettled contract positions also increased. Open interest reflects the size of contracts still active in the market, but these figures alone cannot determine whether the price will continue rising or turn lower.
Why it matters to readers
Rapid price movement alongside increasing open interest indicates that positions are accumulating in the derivatives market, warranting attention to subsequent price volatility and the risk of position liquidation.
Beginners should not interpret an increase in open interest directly as a bullish signal; it only indicates that the size of unsettled contracts has risen and does not indicate the long/short direction or future trend.
Risks and unknowns
These figures come from a Telegram monitoring post; the original text did not provide the exchange's raw records or independent verification.
The original text did not specify whether the increase in open interest came from long or short positions.
The original text did not provide the reason for this round of price and open interest changes.
The subsequent price direction cannot be confirmed based solely on this post.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.