Shiba Inu’s Price Crash Triggers Heavy Liquidations, Leaving Traders Questioning the Future

The Shiba Inu cryptocurrency experienced a dramatic price decline, triggering significant liquidations of over $154,000 in just 24 hours. This unexpected reversal caught traders off guard as the coin’s four-day surge came to an abrupt halt after reaching a peak above the $0.000013 mark. Shiba Inu saw a significant sell-off after testing key resistance levels of $0.000013 and $0.00001320. This sudden price drop led to massive liquidation of long positions, with over 154,200 long positions being wiped out.