Shiba Inu Faces $3 Million Long Liquidation Risk: Market Volatility Looms

The cryptocurrency Shiba Inu (SHIB) is at risk of facing significant losses, with potential long liquidation risks exceeding $3 million if its price falls. This threat impacts traders holding leveraged positions across major exchanges as market volatility escalates. Key support for SHIB currently stands at $0.00001382, crucial to prevent a cascade of liquidations. 🕵️‍♂️ Recent fluctuations indicate the token peaked at $0.00001525 before descending near its critical support level. Traders closely watch for price breaches that could trigger these widespread liquidation events. 📈