Shiba Inu Liquidations Reach $20M, Led by $12.9M in Longs

Shiba Inu (SHIB) positions worth about $20 million were liquidated over 24 hours, with long positions accounting for the larger share of the total. The figures measure the notional value of positions forcibly closed, not necessarily traders’ realized losses.

Long liquidations totaled $12.9 million, compared with roughly $7 million in short liquidations. Bullish bets still outnumbered bearish positions by 2.71 to 1.

Exchanges received 324.28 billion SHIB and saw 232.21 billion withdrawn over the same 24-hour period, leaving net deposits of about 92.07 billion SHIB.

The team warned that borrowed funds can magnify short-term price moves and that small changes can trigger large liquidations. It wrote: “Please take care of your trades. Bulls and more burns we need!”