Despite price declines in the broader crypto market, Shiba Inu (SHIB) experienced a significant surge in trading activity. Trading volume jumped by 109%, reaching $334 million within a 24-hour period, according to CoinMarketCap data. This spike in activity occurred as the cryptocurrency market witnessed a total of $749 million in liquidations linked to Bitcoin’s sharp drop. The price decline was driven by reports of a major Bitcoin sale and subsequent sell-offs across the market. Meanwhile, Shiba Inu continues its development work, addressing a supply glitch with plans for a fixed supply LEASH v2 migration. The team is actively working on coordination with exchanges for a smooth transition to this new version.