Hacking News
Shiba Inu Team Issues Warning After $20 Million Crypto Liquidation Wave
The Shiba Inu team has issued a warning about a $20 million liquidation wave in SHIB futures markets. Long traders absorbed nearly $12.9 million in liquidations, while short traders lost about $7 million. The team urges traders to be cautious due to the imbalance between bullish and bearish positions, which could lead to further liquidations and potential downward momentum.