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Why is Algorand up or down today?

According to EnsoTrade order-flow data, ALGO is up 2.63% over 24h: new leveraged longs are driving the move (price and open interest rising together). Longs are paying shorts (+0.0057%/8h), a crowded-long tilt; open interest rose 1.9% over the last 6h. Perp trades at a -0.188% discount to spot.

Source: EnsoTrade live order-flow · as of 2026-07-01T15:40:00Z · 15-min delayed (real-time free with a 3-day trial).

ALGO signals

Price$0.086
24h change+2.63%
Order-flow regimeEXPANSION
Funding rate (8h)0.00572%
Open interest$2.21M
OI change (6h)+1.94%
See Algorand live on EnsoTrade →

What moves Algorand?

Algorand's short-term moves come from derivatives positioning, not just spot. EnsoTrade reads three live signals: funding (which side is crowded), open interest (new money vs unwinding), and order flow (which side of the book is absorbed). Together they show if a move is real or a trap.

Go deeper on Algorand: Algorand funding & crowding · Algorand order flow.

FAQ

Why is Algorand up or down today?
According to EnsoTrade order-flow data, ALGO is up 2.63% over 24h: new leveraged longs are driving the move (price and open interest rising together). Longs are paying shorts (+0.0057%/8h), a crowded-long tilt; open interest rose 1.9% over the last 6h. Perp trades at a -0.188% discount to spot.
What is the funding rate on Algorand?
Algorand funding is 0.00572% per 8h — longs pay shorts (crowded long).
What is Algorand open interest?
$2.21M, up 1.94% in 6h.

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