6.2 Billion Shiba Inu Positions Liquidated Amid Surge in Burn Rate

A significant portion of Shiba Inu’s holdings were liquidated on December 2nd, 2025, as prices experienced a sudden downturn. The burn rate for SHIB surged by 859%, removing over 12.9 million tokens from circulation. The price decline led to widespread liquidations amongst long positions, with an estimated $49,560 wiped out in the past 24 hours. This highlights the risks associated with leveraged trading within volatile markets.