$ENA has continued to strengthen against $BTC over the past day, while perpetual open interest has steadily declined.
Binance data as of 05:25 (Beijing time): $ENA spot price was around 0.1648 USDT, up 1.48% over 24 hours; $BTC was around 75,850.0, up 0.02% over the same period. The 24-hour price change difference versus BTC was about +1.46%. The intraday high was 0.1718 and the low was 0.1562.
On the derivatives side: the funding rate was about +0.0050%. Perpetual open interest fell about 5.27% over the past 24 hours and about 0.77% in the most recent hour. The global long/short account ratio was about 1.21, with long accounts at about 54.9% and short accounts at about 45.1%. The top trader account long/short ratio was about 1.53 (long accounts at about 60.5%). The top trader positions long/short ratio was about 1.38 (longs at about 57.9%, shorts at about 42.1%). The taker buy/sell ratio was about 0.87 in the most recent hour and about 1.01 over the past 5 minutes.
Spot is relatively strong, while derivatives positions are contracting in tandem; top trader positions have not yet become extreme. For spot, watch relative strength and whether positions move in the same direction. For derivatives, the key is whether open interest continues to decline or starts building back up.
Data from Binance spot ticker and public derivatives APIs. Not investment advice.
$ENA $BTC
Binance data as of 05:25 (Beijing time): $ENA spot price was around 0.1648 USDT, up 1.48% over 24 hours; $BTC was around 75,850.0, up 0.02% over the same period. The 24-hour price change difference versus BTC was about +1.46%. The intraday high was 0.1718 and the low was 0.1562.
On the derivatives side: the funding rate was about +0.0050%. Perpetual open interest fell about 5.27% over the past 24 hours and about 0.77% in the most recent hour. The global long/short account ratio was about 1.21, with long accounts at about 54.9% and short accounts at about 45.1%. The top trader account long/short ratio was about 1.53 (long accounts at about 60.5%). The top trader positions long/short ratio was about 1.38 (longs at about 57.9%, shorts at about 42.1%). The taker buy/sell ratio was about 0.87 in the most recent hour and about 1.01 over the past 5 minutes.
Spot is relatively strong, while derivatives positions are contracting in tandem; top trader positions have not yet become extreme. For spot, watch relative strength and whether positions move in the same direction. For derivatives, the key is whether open interest continues to decline or starts building back up.
Data from Binance spot ticker and public derivatives APIs. Not investment advice.
$ENA $BTC