Analyst: The current long-short ratio of BNX tokens has reached "long 19.42% vs short 80.56%"

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ChainCatcher
3 days ago
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According to on-chain analyst @ai_9684xtpa, the BNX price has risen 38% in the past 24 hours, resulting in a current long-short ratio of "Long 19.42% vs Short 80.56%".

Due to BNX's plan to be renamed to FORM, Binance will automatically liquidate the BNX/USDT contract trading pair at 5 PM today; from 12 AM today until now, 3 million BNX short positions have been closed.

BNX
1.11%
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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