# QQQUSDT Holds Near $751 as Open Interest Falls 5.1%

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/29804
Published: 2026-10-11T12:30:44.000Z
Updated: 2026-10-11T12:30:44.000Z
Section: Investing

> The futures contract traded in a narrow range while buy-side taker volume exceeded sell-side activity and the MACD histogram reached zero.

QQQUSDT, a Binance futures contract linked to the Invesco QQQ exchange-traded fund, held near $751 in its latest 24-hour window as open interest declined and aggressive buy orders outpaced sell orders.

The contract closed at $751.40, down 0.02%, after trading between $750.91 and $752.51. Trading volume totaled $13,675,043.

The MACD and signal lines both measured 7.2949, producing a histogram reading of 0.0000. That indicates the two lines were equal at the measured precision, but it does not establish the direction of the next move.

Open interest stood at 97,005.09 contracts at 5 a.m. ET (09:00 UTC) Oct. 11, with an estimated notional value of $68.9 million. The figure was down 5.1% over 24 hours. A decline in open interest can reflect positions being closed, but it does not show whether traders closed long positions, short positions or both.

One-hour taker buy volume totaled 241 units, compared with 86 units of sell-side volume. The reported buy-to-sell ratio was 2.8076, based on 241 units of buy-side volume and 86 units of sell-side volume. The activity shows heavier buying through aggressive market orders during that interval, but it does not establish the trades’ composition or purpose.

The global account long-short ratio was 1.5458, with 60.7% of accounts long and 39.3% short. Among top traders, the ratio was 1.1286, with 53% long and 47% short. The eight-hour funding rate was 0.0000%.

QQQUSDT remained below its seven-day simple moving average of $754.38 but above its 20-day and 50-day averages of $748.27 and $729.02. Its 12-day and 26-day exponential moving averages were $750.46 and $743.17, respectively.

A separate 24-hour ticker reading at 2:03 a.m. ET (06:03 UTC) placed the contract at $751.25, down 0.412%, with a range of $750.70 to $754.36. The figures come from different observation times or measurement windows.

Invesco QQQ is designed to track the Nasdaq-100 Index. QQQUSDT is a derivatives contract tied to that ETF rather than shares traded on the U.S. stock market. The setup echoes [earlier coverage of a zero MACD histogram and derivatives positioning](<https://www.tokenpost.com/news/investing/28824>), although the asset and figures differ.

## Links in this article

- [earlier coverage of a zero MACD histogram and derivatives positioning](https://www.tokenpost.com/news/investing/28824)
