PANews reported on March 17 that according to monitoring by on-chain analyst @ai_9684xtpa, the price of BNX coin has risen by 38% in the past 24 hours, making the current long-short ratio reach "longs 19.42% vs. shorts 80.56%".

As BNX plans to be renamed FORM again, Binance will automatically liquidate the BNX/USDT contract trading pair at 5 pm today; from 12 am today to date, 3 million BNX short positions have surrendered and left the market.