Why is Turbo up or down today?

According to EnsoTrade order-flow data, TURBO is down 2.39% over 24h: long deleveraging — positions are unwinding as price falls, not new short conviction. Longs are paying shorts (+0.0050%/8h), a crowded-long tilt; open interest fell 1.0% over the last 6h. Perp trades at a -0.198% discount to spot.

TURBO signals

What moves Turbo?

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

FAQ

Why is Turbo up or down today?

According to EnsoTrade order-flow data, TURBO is down 2.39% over 24h: long deleveraging — positions are unwinding as price falls, not new short conviction. Longs are paying shorts (+0.0050%/8h), a crowded-long tilt; open interest fell 1.0% over the last 6h. Perp trades at a -0.198% discount to spot.

What is the funding rate on Turbo?

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

What is Turbo open interest?

$1.09M, down 1.02% in 6h.

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