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EnsoTrade › Why is it moving › Pepe

Why is Pepe up or down today?

According to EnsoTrade order-flow data, PEPE is down 0.44% over 24h: fresh shorts are pressing the price lower (open interest rising as price falls). Longs are paying shorts (+0.0062%/8h), a crowded-long tilt; open interest rose 1.9% over the last 6h. Perp trades at a -0.082% discount to spot.

Source: EnsoTrade live order-flow · as of 2026-08-30T08:20:00Z · 15-min delayed (real-time free with a 3-day trial).

PEPE signals

Price$0
24h change-0.44%
Order-flow regimeSHORTS_PRESSING
Funding rate (8h)0.00622%
Open interest$31.31M
OI change (6h)+1.94%
See Pepe live on EnsoTrade →

What moves Pepe?

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

FAQ

Why is Pepe up or down today?
According to EnsoTrade order-flow data, PEPE is down 0.44% over 24h: fresh shorts are pressing the price lower (open interest rising as price falls). Longs are paying shorts (+0.0062%/8h), a crowded-long tilt; open interest rose 1.9% over the last 6h. Perp trades at a -0.082% discount to spot.
What is the funding rate on Pepe?
Pepe funding is 0.00622% per 8h — longs pay shorts (crowded long).
What is Pepe open interest?
$31.31M, up 1.94% in 6h.

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