According to EnsoTrade order-flow data, HYPE is up 1.26% over 24h: new leveraged longs are driving the move (price and open interest rising together). Longs are paying shorts (+0.0095%/8h), a crowded-long tilt; open interest rose 1.1% over the last 6h.
| Price | $62.344 |
|---|---|
| 24h change | +1.26% |
| Order-flow regime | EXPANSION |
| Funding rate (8h) | 0.00948% |
| Open interest | $94.78M |
| OI change (6h) | +1.08% |
Hyperliquid'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.
Live order flow, dealer gamma, options & on-chain in one cockpit. Institutional depth, retail price.
Start free →