Why is Shiba Inu up or down today?

According to EnsoTrade order-flow data, SHIB is down 0.80% over 24h: long deleveraging — positions are unwinding as price falls, not new short conviction. Shorts are paying longs (-0.0071%/8h), a crowded-short tilt; open interest fell 0.9% over the last 6h. Perp trades at a -0.078% discount to spot.

SHIB signals

What moves Shiba Inu?

Shiba Inu'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 Shiba Inu: Shiba Inu funding & crowding · Shiba Inu order flow.

FAQ

Why is Shiba Inu up or down today?

According to EnsoTrade order-flow data, SHIB is down 0.80% over 24h: long deleveraging — positions are unwinding as price falls, not new short conviction. Shorts are paying longs (-0.0071%/8h), a crowded-short tilt; open interest fell 0.9% over the last 6h. Perp trades at a -0.078% discount to spot.

What is the funding rate on Shiba Inu?

Shiba Inu funding is -0.00711% per 8h — shorts pay longs (crowded short).

What is Shiba Inu open interest?

$6.70M, down 0.92% in 6h.

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