$BNX
Which other coin have you seen the leverage reducing from 50 to downward. Its current leverage is 6 and funding rate is also reduced from 8 hours to 4 hours. What will be the consequences. Top 10 address are holding 96.72 %. When this bullish momentum started that time top ten address were holding 99.2%. This change in funding rates and reduced leverage is because exchange is not sure about the whales they can suddenly crash the coin cap market to previous rates . Because to increase the rates they need to bring the holding amount to the market and if demand will increase then the rate will increase but here demand is reducing. What is your analysis on this how it will perform in short term and long term?
How do you feel about BNX today ?
Bullish
42%
Bearish
52%
Others
6%
317 votes • Voting closed