Analyst: The current long-short ratio of the BNX token is "bulls 19.42% vs bears 80.56%"

ChainCatcher news, according to on-chain analyst @ai_9684xtpa, the price of BNX has increased by 38% in the last 24 hours, bringing the current long-short ratio to "Longs 19.42% vs Shorts 80.56%".

As BNX plans to rename itself to FORM, Binance will automatically liquidate the BNX/USDT contract trading pair at 5 PM today; since 12 AM today, 3 million BNX short positions have surrendered and exited.