This rule is so unreasonable
BNX has risen from 0.13 to over 1.3 within a month
Just changing the name directly liquidates the contracts
The trapped short sellers are crying
The trapped long holders are also crying together
The only part that can be considered somewhat conscientious is that the funding rate hasn't turned negative, right? 😂
I went to see the previous announcement about FTM's name change, and similarly, changing the name will force liquidation of contracts and spot trading. Is changing the name really a method for the market makers to clear out positions and cut the retail investors?