$QNT 15-minute contract open interest increased by 25.47%, with an open interest value of about $8.31 million; the price rose 1.24% over the same period.
A beginner’s burning question: What exactly does open interest mean?
Open interest value equals the number of coins held multiplied by the price. When the price rises, the open interest value increases too. Comparing the number of coins gives a better indication of whether positions are actually being added.
Open interest moved, but my position is still 0. I’m just here to watch from the sidelines.
All data summarizes market activity that has already happened; prices can move in the opposite direction at any time.
#QNT
Be aware of the risks and make your own decisions.
A beginner’s burning question: What exactly does open interest mean?
Open interest value equals the number of coins held multiplied by the price. When the price rises, the open interest value increases too. Comparing the number of coins gives a better indication of whether positions are actually being added.
Open interest moved, but my position is still 0. I’m just here to watch from the sidelines.
All data summarizes market activity that has already happened; prices can move in the opposite direction at any time.
#QNT
Be aware of the risks and make your own decisions.