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REUSDT During the price decline, Binance open interest increased.
🇨🇳 🔻 [REUSDT] Binance open interest +8.7%; price fell 11.3% over the past 3600 seconds; open interest: 4500000 USD; open interest-to-market capitalization ratio: 5.9%; 24-hour price change: -6.9% 🇺🇸 🔻 [REUSDT] Binance openinterest +8.7%, Price -11.3% in the past 3600 seconds, OI: $4.5M, OI/Marketcap ratio: 5.9%, 24H Price Change: -6.9%
💰 Market Cap RE MarketCap: 76.3M
Over the past 3600 seconds, the price declined 11.3%。
Binance open interest increased by 8.7%.
Open interest was 4500000 USD.
The open interest-to-market capitalization ratio was 5.9%.
24-hour price change was -6.9%。
RE Market capitalization was 76300000 USD。
The following is analysis, separate from reported facts. Verify important claims independently.
Open interest represents the size of contracts that remain open. Current data show that REUSDT while the price declined, open interest increased, and the market may be in a highly volatile state.
The price decline coincided with an increase in open interest, indicating that traders should monitor subsequent changes in price, open interest, and liquidation data.
This is not investment advice. Beginners should first understand the meaning of price movements and open interest, and be mindful of the risks that leveraged trading may entail.
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View glossary →A metric for the total value of currently tradable tokens calculated at current prices.
View glossary →A trading method that uses borrowed funds to establish a position larger than the trader’s own capital, thereby amplifying both potential gains and losses.
View glossary →A fee paid periodically between long and short positions to help keep the price of a perpetual contract close to the price of the underlying asset.
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