Binance CLUSDT open interest increased 2.6% while the price fell 2.1% in the short term
BIBIBI
AT A GLANCE
CLUSDT open interest rose while the price fell over the past 3600 seconds.
Article
🇨🇳 🔻 [CLUSDT] Binance open interest +2.6%, over the past 3600 seconds the price fell 2.1%, open interest: 246700000 USD, open interest/market capitalization ratio: 0.0%, 24-hour price change: -3.3%
🇺🇸 🔻 [CLUSDT] Binance open interest +2.6%, Price -2.1% in the past 3600 seconds, OI: $246.7M, OI/Marketcap ratio: 0.0%, 24H Price Change: -3.3%
💰 Market Capitalization
CL MarketCap: 10T
Key points
01
Binance open interest increased 2.6%.
02
The price fell 2.1% over the past 3600 seconds.
03
Open interest was 246.7 USD million.
04
The open interest-to-market capitalization ratio was 0.0%.
05
The 24-hour price change was -3.3%.
06
CL market capitalization was labeled 10T.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Open interest is the value of contracts that remain open; the data show an increase in this value alongside a price decline.
Why it matters to readers
Beginners can use it to observe derivatives-position size and price changes together, but the message does not explain the reason or relationship between them.
It can first be read as follows: open interest increased while price declined over the same period; do not use this message alone to predict what happens next.
Risks and unknowns
The message does not state the asset name represented by CLUSDT.
The source does not explain why the open interest-to-market capitalization ratio is shown as 0.0%.
The source provides no data methodology or independent verification information.
Related Developments
Loading event timeline…
Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.