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.