Samsung-Linked Perpetual Trades Near 20-Day Average as Open Interest Rises

Samsung Electronics Tokenized Stock (SAMSUNG) traded near its 20-day average Wednesday as open interest in its Binance Futures perpetual rose, while a shorter trading window showed more selling than buying.

The SAMSUNGUSDT contract was $164.73 at 9:30 a.m. ET (14:30 UTC) on Nov. 4, down 0.12% over 24 hours. Its high and low during that period were $170.30 and $156.26.

The price was close to its 20-day simple moving average of $163.86. It was slightly below the seven-day average of $164.89 and farther below the 50-day average of $182.71. The daily relative strength index stood at 44.61, a neutral reading.

Open interest on Binance Futures increased 5.86% over 24 hours to 165,087.20 contracts. In Binance’s global account measure, 74.6% of accounts were long and 25.4% were short. That split describes accounts, not the share of outstanding contracts held by each side.

Trading in the measured one-hour window leaned the other way: taker sell volume was 13,697, compared with taker buy volume of 10,210. The buy-to-sell ratio was 0.7454. The figures show heavier taker selling during that hour alongside a larger share of long accounts in the separate account measure.

The funding rate was 0.0108% per eight hours, with long holders paying short holders. Funding describes the cost of holding a position under the contract’s terms; the account split and taker volumes measure different parts of trading activity.

The SAMSUNGUSDT perpetual is a derivatives contract tied to Samsung Electronics. Its quote is a derivatives price, not a cash-market price for Samsung shares.

Nearby chart levels were marked at $157.23 on the downside and $171.27 on the upside. The contract’s 20-day average sat between those levels at the time of the snapshot.