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Shiba Inu Team Issues Warning After $20 Million Crypto Liquidation Wave

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SHIB suffered over $20 million in liquidations, with long positions losing $12.9 million. Bullish bets outnumber bearish positions 2.71 to 1, increasing liquidation risks. SHIB recorded 92.07 billion net exchange inflows, raising concerns about potential selling pressure. Shiba Inu traders face another warning as market pressure builds across SHIB futures markets. More than $20 million in positions disappeared within 24 hours. Long traders suffered most, absorbing nearly $12.9 million in liquidations. Meanwhile, bullish bets continue to dominate bearish positions. This imbalance raises concerns about another potential sell-off. The Shiba Inu team now urges traders to approach the market carefully.

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