Add as a preferred source on GoogleBinance QQQUSDT Perpetual Falls 2.52% to $711.70 in 24 Hours
The contract traded below its listed $714.51 lower Bollinger Band. A separate derivatives snapshot showed open interest up 3.55%.
Binance’s QQQUSDT perpetual contract was listed at $711.70 after a 2.52% 24-hour decline, below its listed lower Bollinger Band of $714.51. The contract references Invesco QQQ Trust Series 1 but is a separate USDT-settled derivative, not the exchange-traded fund itself.
The listed 24-hour range was $708.77 to $730.39. Other technical readings included a Stochastic %K of 5.37, a %D of 4.30 and a relative strength index of 32.57.
At 5 a.m. ET (09:00 UTC) Oct. 17, open interest stood at 149,251.75 contracts, with a notional value of $110,627,222, up 3.55% over 24 hours. Tracked accounts were 68.7% long and 31.3% short, producing a global long/short ratio of 2.1969. Those figures describe account positioning in the contract, not QQQ fund shareholders or institutional flows.
A separate TokenPost snapshot of QQQUSDT showed $745.14 on Oct. 14. Its capture time was not specified, so the two displays do not establish a comparable price change.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.