Why is Internet Computer up or down today?

According to EnsoTrade order-flow data, ICP is down 2.70% over 24h: long deleveraging — positions are unwinding as price falls, not new short conviction. Longs are paying shorts (+0.0100%/8h), a crowded-long tilt; open interest fell 1.5% over the last 6h. Perp trades at a -0.166% discount to spot.

ICP signals

What moves Internet Computer?

Internet Computer'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 Internet Computer: Internet Computer funding & crowding · Internet Computer order flow.

FAQ

Why is Internet Computer up or down today?

According to EnsoTrade order-flow data, ICP is down 2.70% over 24h: long deleveraging — positions are unwinding as price falls, not new short conviction. Longs are paying shorts (+0.0100%/8h), a crowded-long tilt; open interest fell 1.5% over the last 6h. Perp trades at a -0.166% discount to spot.

What is the funding rate on Internet Computer?

Internet Computer funding is 0.01% per 8h — longs pay shorts (crowded long).

What is Internet Computer open interest?

$4.76M, down 1.48% in 6h.

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