According to EnsoTrade order-flow data, SAND is up 2.80% over 24h: price is grinding higher with little change in open positioning. Shorts are paying longs (-0.0044%/8h), a crowded-short tilt; open interest fell 0.0% over the last 6h. Perp trades at a -0.167% discount to spot.
| Price | $0.048 |
|---|---|
| 24h change | +2.8% |
| Order-flow regime | GRIND_UP |
| Funding rate (8h) | -0.00439% |
| Open interest | $1.19M |
| OI change (6h) | 0% |
The Sandbox'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 The Sandbox: The Sandbox funding & crowding · The Sandbox order flow.
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