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EnsoTradeOrder flow › Ethena

Ethena order flow: who is in control?

According to EnsoTrade order-flow data, ENA is in a grind down regime — price is drifting lower with little change in open positioning; recent taker flow favors buyers.

Source: EnsoTrade order-flow · as of 2026-08-30T08:20:00Z · 15-min delayed (real-time free with a 3-day trial).

ENA order flow

Order-flow regimeGRIND_DOWN
Mechanismprice is drifting lower with little change in open positioning
Open interest$15.25M
OI change (6h)+0.49%
Taker imbalance+89.8% (buyers aggressing)
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How to read Ethena order flow

Order flow shows which side of the Ethena book is being absorbed before price moves. Combine the regime with funding and why Ethena is moving to tell a real move from a trap.

FAQ

What is the Ethena order-flow regime right now?
According to EnsoTrade order-flow data, ENA is in a grind down regime — price is drifting lower with little change in open positioning; recent taker flow favors buyers.
Are traders buying or selling Ethena?
Recent Ethena taker flow favors buyers (+89.8% imbalance).
Is Ethena open interest rising or falling?
Ethena open interest is up 0.49% over 6 hours.

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