Shiba Inu Team Warns Traders After $20M SHIB Liquidation Wave
- —SHIB liquidations hit $20M in 24 hours, longs lost $12.9M
- —Futures volume reached $49.3M versus $10.8M in spot trading
- —Net SHIB inflow to exchanges totaled 92.07 billion tokens
- —Longs outnumber shorts 2.71 to 1, raising risk of another flush
Why it matters: A heavy long tilt and rising exchange inflows leave SHIB exposed to another liquidation cascade and fresh selling pressure.
Source: BeInCrypto