BNX long-short ratio imbalanced until 20:80, price rose 38%

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MarsBit
19 hours ago
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According to on-chain analyst @ai_9684xtpa's monitoring, the price of 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 's plan to be renamed to FORM, Binance will automatically liquidate the BNX/USDT contract trading pair at 5 PM today. From 12 AM to now, 3 million short positions have been closed.

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