Why is Axie Infinity up or down today?

According to EnsoTrade order-flow data, AXS is up 4.39% over 24h: short covering — price is rising while positions close, a structurally weaker rally. Longs are paying shorts (+0.0050%/8h), a crowded-long tilt; open interest fell 0.9% over the last 6h. Perp trades at a -0.109% discount to spot.

AXS signals

What moves Axie Infinity?

Axie Infinity'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 Axie Infinity: Axie Infinity funding & crowding · Axie Infinity order flow.

FAQ

Why is Axie Infinity up or down today?

According to EnsoTrade order-flow data, AXS is up 4.39% over 24h: short covering — price is rising while positions close, a structurally weaker rally. Longs are paying shorts (+0.0050%/8h), a crowded-long tilt; open interest fell 0.9% over the last 6h. Perp trades at a -0.109% discount to spot.

What is the funding rate on Axie Infinity?

Axie Infinity funding is 0.005% per 8h — longs pay shorts (crowded long).

What is Axie Infinity open interest?

$1.75M, down 0.91% in 6h.

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