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EnsoTrade › Why is it moving › Optimism

Why is Optimism up or down today?

According to EnsoTrade order-flow data, OP is up 0.58% over 24h: price is grinding higher with little change in open positioning. Longs are paying shorts (+0.0060%/8h), a crowded-long tilt; open interest fell 0.0% over the last 6h. Perp trades at a -0.079% discount to spot.

Source: EnsoTrade live order-flow · as of 2026-06-28T07:05:00Z · 15-min delayed (real-time free with a 3-day trial).

OP signals

Price$0.101
24h change+0.58%
Order-flow regimeGRIND_UP
Funding rate (8h)0.00596%
Open interest$3.89M
OI change (6h)-0.01%
See Optimism live on EnsoTrade →

What moves Optimism?

Optimism'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.

FAQ

Why is Optimism up or down today?
According to EnsoTrade order-flow data, OP is up 0.58% over 24h: price is grinding higher with little change in open positioning. Longs are paying shorts (+0.0060%/8h), a crowded-long tilt; open interest fell 0.0% over the last 6h. Perp trades at a -0.079% discount to spot.
What is the funding rate on Optimism?
Optimism funding is 0.00596% per 8h — longs pay shorts (crowded long).
What is Optimism open interest?
$3.89M, down 0.01% in 6h.

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