Markets
Shiba Inu liquidation wave leaves traders with $20M in losses
The Cryptonomist·October 30, 2026·1 min read
A $20 million Shiba Inu liquidation wave hit traders within 24 hours, with bullish positions taking the larger loss even as gain bets outnumbered bearish wagers. SHIB longs lost $12.9 million, while shorts lost the remainder. The Shiba Inu team warned against borrowed money driving short-term price swings.
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