USTC's data from the past hour is pretty intense!

Just detected that USTC open interest on a certain exchange has surged 11.3% in the past hour, while the price skyrocketed 26.4% over the same period. This sudden spike came out of nowhere.

Here are the specific numbers:
- Current open interest: $5.7 million
- OI/Market cap ratio: 10.9% (this ratio indicates a high level of leveraged participation)
- 24-hour price increase: +43.2%

In terms of market cap, USTC is currently around $53 million.

Open interest and price surging together usually means funds are quickly opening positions. However, this kind of short-term spike also comes with high volatility risk, so be cautious about chasing the pump. If you’re holding a position, keep an eye on future capital flows and position changes—don’t get shaken out.

USTCUSDT Open interest +11.3%, Price +26.4% in the past 3600 seconds, OI: $5.7M, OI/Market cap ratio: 10.9%, 24H Price Change: +43.2%