Data: BNX price rose 38% in 24 hours, and the long-short ratio reached "19.42% to 80.56%"

03-17

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According to ChainCatcher, according to on-chain analyst @ai_9684xtpa's monitoring, the BNX price has risen 38% in the past 24 hours, and the current long-short ratio is "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. Data shows that from 12 am today until now, 3 million BNX short positions have been closed.

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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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