Why is Immutable up or down today?

According to EnsoTrade order-flow data, IMX is up 5.35% over 24h: new leveraged longs are driving the move (price and open interest rising together). Longs are paying shorts (+0.0050%/8h), a crowded-long tilt; open interest rose 0.5% over the last 6h. Perp trades at a -0.166% discount to spot.

IMX signals

What moves Immutable?

Immutable'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 Immutable: Immutable funding & crowding · Immutable order flow.

FAQ

Why is Immutable up or down today?

According to EnsoTrade order-flow data, IMX is up 5.35% over 24h: new leveraged longs are driving the move (price and open interest rising together). Longs are paying shorts (+0.0050%/8h), a crowded-long tilt; open interest rose 0.5% over the last 6h. Perp trades at a -0.166% discount to spot.

What is the funding rate on Immutable?

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

What is Immutable open interest?

$564,363, up 0.52% in 6h.

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