"#BNX: Whale Attack or Long Liquidation Hunt?

$BNX experienced a sudden 50% price drop, sparking concerns among traders. This drastic decline suggests a massive sell-off, possibly triggered by:

Whales exiting positions

Internal stakeholders withdrawing funds ahead of redenomination and delisting

High trading volume and extreme volatility led to forced liquidations, accelerating the price collapse.

Risks Ahead

As $BNX

approaches its suspension date, uncertainty and price instability are expected to persist. Traders must exercise caution, manage risk effectively, and avoid volatile trades without a clear strategy.

Still Bullish for $2.0+BNX

Buy and Trade $BN#

Join the conversation and stay updated on $BNX market movements!"