Following the Upbit exchange delisting on September 7

, BONK declined roughly

↘15%

over the past week while 2,031 new investors joined as of the September 15 snapshot.

Trading activity rises amid price decline

Trading volume jumped roughly

↗19%

over the past 24 hours while 8,044 active addresses participated as of the September 15 snapshot, even as selling pressure remained elevated with 1.75 sellers for every buyer.

New investors continue joining

The network added 2,031 new holders as of the September 15 snapshot, bringing total holders to over 1 million, while large investors bought during the price dip

following the exchange delisting.

Selling pressure remains elevated

Investors realized losses as of the September 15 snapshot (profit/loss indicator at 0.92) while the market saw 1.75 sellers for every buyer over the past 24 hours.

Borrowing costs favor short positions

Borrowing costs for long positions ran at roughly -21% annualized, while total liquidations reached approximately $336M over the past 24 hours, split roughly evenly between long and short positions.