Why is Popcat up or down today?

According to EnsoTrade order-flow data, POPCAT is down 1.50% over 24h: price is drifting lower with little change in open positioning. Longs are paying shorts (+0.0050%/8h), a crowded-long tilt; open interest fell 0.4% over the last 6h. Perp trades at a -0.167% discount to spot.

POPCAT signals

What moves Popcat?

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

FAQ

Why is Popcat up or down today?

According to EnsoTrade order-flow data, POPCAT is down 1.50% over 24h: price is drifting lower with little change in open positioning. Longs are paying shorts (+0.0050%/8h), a crowded-long tilt; open interest fell 0.4% over the last 6h. Perp trades at a -0.167% discount to spot.

What is the funding rate on Popcat?

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

What is Popcat open interest?

$697,969, down 0.4% in 6h.

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