Yesterday, $BTC was trading around 80,700 late at night (India time), and the percentage was about +2.8%. Now it is trading at around 80,080, but it still shows approximately +2%. How is that possible? @Binance Labs @Yi He @Binance Margin @Bitcoin @Yi He
@Binance Labs @Yi He on my previous post on I have stated few important queries I request kindly help me to understand. Why there is difference in %. I have highlighted in below screenshot. $BTC
I understand why this may feel suspicious, but it is most likely not a glitch or manipulation. The behavior comes from how the 24-hour percentage is actually calculated on platforms like Binance. Unlike stock markets, it is not based on a fixed daily opening price. Instead, it uses a rolling 24-hour window, where the percentage change is calculated as the difference between the current price and the price exactly 24 hours ago. Since this reference price continuously moves forward in time every second, the percentage can keep changing even if the current price appears stable.
This is why you may notice frequent fluctuations in the percentage. The “24 hours ago” price is constantly shifting minute by minute, and even small differences in past prices can affect the calculation. Additionally, different internal price sources such as last traded price, mark price, and index price can introduce slight variations. On top of that, rounding and UI updates can make the displayed price look unchanged while minor decimal-level changes are still happening in the background.
For example, if the price 24 hours ago was ₹50,000 and the current price is ₹51,000, the change would be +2%. However, a few minutes later, even if the current price remains around ₹51,000, the reference price from 24 hours ago might shift to ₹50,200, which would reduce the percentage to around +1.6%. In this case, the price has barely moved, but the percentage changes due to the rolling calculation.
I would like to understand how the percentage change of Bitcoin is calculated on your platform @Binance Labs @Yi He .
I’ve noticed that the percentage keeps changing frequently (every few minutes or hours), and it doesn’t seem to align with the typical day-opening ±% calculation that many platforms use.
Could you please clarify:
What is the reference point for the percentage change (e.g., 24-hour rolling window, last trade, or daily open)?
How often is this value recalculated?
Why it may differ from standard daily percentage movements?
I’d appreciate a detailed explanation so I can better interpret the price movements.
Always keep stop-loss. Learn to book loss. Hopefully next week may give some correction
MEHWASH QUEEN
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#Bitcon may move towards new high. alt coins may move according. but advice is to invest in wise projects. avoid #telegram based coins. Bitcoin bullish TRX may bearish for a moment. but super bullish in long term.
#bitcoin☀️ showing some positive moves. can go with long position . be cautious with future traders. Along with that #dogs and #doge and #eth possible . but request investors to inject in wise projects which help in future.
In Q2'24, 1inch saw a 12% increase in daily average volume, primarily driven by the Aggregation Protocol, with significant contributions from Ethereum and Layer-2 networks like Base and Arbitrum. Despite a 29% drop in circulating market cap, staking activity rose slightly, and the 1inch DAO effectively managed resources, approving funding proposals to support further growth.
State of #Polygon #Network Q1 2024. The introduction of the AggLayer in January 2024 is a pivotal development, unifying liquidity and states across connected ZK chains while ensuring secure and efficient cross-chain transactions. Key metrics underscore Polygon POS’s #growth: daily gaming addresses increased by 1,615% QoQ to 207,000, #stablecoin market cap increased to $1.5 billion (+19% QoQ), and DeFi TVL increase 30% QoQ to $1.4 billion.
State of #BNB Chain Q1 2024. BNB Smart Chain was able to capitalize on the return of the #crypto bull market in Q1. It achieved QoQ improvements across multiple metrics like market cap (up 89% QoQ), revenue in USD (up 89% QoQ), average daily active addresses (up 26% QoQ), DeFi TVL (up 67% QoQ), and average daily DEX volume (up 193% QoQ). Additionally for some metrics, such as DEX volumes, #BNBSmartChain reached highs not seen since the last bull run in 2021
State of Sui Q4 2023 and Q1 2024. The #crypto market rebounded in Q4’23 and Q1’24 and Sui was no exception. Its market cap grew by 508% in the past two quarters to $2.3 billion. Its growth outpaced tokens with a similar market cap, as its market cap rank increased from 81 to 57 during that time period. Less than a year after its launch, Sui has become a top network by DeFi activity. Its #TVL grew by 1,459% in the past two quarters to $787 million, ranking it 12th among all ecosystems. Its average daily DEX volume increased by even more, up 3,689% to $78 million. During the past two quarters, Sui network usage reached a peak of 453,000 daily active addresses during #Mysten Labs’ onchain gaming quest, Quest 3. Excluding that period, Sui averaged 24,000 daily active addresses and 1.8 million daily transactions throughout Q4’23 and Q1’24. Upcoming upgrades will bring further scaling improvements to the network. Near the end of March, Mysten Labs introduced Pilotfish, a new execution scaling solution that distributes execution work across multiple machines for a single validator. After quarter end, the #Sui Foundation announced Mysticeti, a consensus upgrade planned for this summer.
Market Pchysology : Trade wise 1. You taken a long position trade and search a positive news! 2. You short the position and search the negative news
Analysis wise 1. You search the news till it satisfies your level of thoughts. 2. You search positive or negative news for publishing your thoughts. but it doesn't effect the market, but sure it will effect your way of trading. then it will stress you.
advice is staycam and accept the profit and losses.
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The latest Enterprise report explores the promising realm of intent-based transactions, offering users enhanced interoperability, global #liquidity access, and MEV capture. While #Ethereum protocols have embraced intent-based architectures, their existence within siloed systems underscores the need for a new approach to maximize intent system benefits. Despite ongoing development of intent #architecture protocols, #centralized auctions are expected to persist until decentralized designs emerge. Additionally, the transition to intent-based systems introduces alternative #monetization avenues, empowering intent architecture layers and users with significant pricing power, while presenting a $22 billion market #opportunity across spot trading, perpetual protocols, and bridging verticals, with intent architecture layers poised as the primary beneficiary due to their moderate pricing power and volume aggregation capabilities.