3,000,000 SHIB Longs Face Liquidation If Shiba Inu Price Tags This Key Level
The post 3,000,000 SHIB Longs Face Liquidation If Shiba Inu Price Tags This Key Level appeared on BitcoinEthereumNews.com. Shiba Inu price has dipped below $0.000015 on Saturday April 26, as bulls lose momentum. Derivatives trading data shows a SHIB price drop below $0.00001400 could trigger a cascading liquidations Shiba Inu Price Consolidates as Bulls Lose Momentum Shiba Inu price stalls after 17% gains on the weekly candle, with trading indicators suggesting the bullish momentum could be weakening. Currently trading at $0.00001419, SHIB has only mustered a modest 0.6% gain over the last 24 hours, according to CoinGecko data. However, its inability to sustain early gains above $0.000015 highlights mounting selling pressure, especially during U.S. trading hours where retail activity noticeably thinned. Earlier in the day, multiple sharp rejections near the $0.0000150 zone on Binance and Coinbase hinted at exhaustion among short-term bulls. Shiba Inu Price Action | Source: Coingecko After a sharp rally in Asian morning hours, SHIB price entered series of lower highs, typically a sign that buyer conviction is dwindling. Traders on Asian-dominated platforms like Bybit and OKX reported heavier-than-usual spot selling, suggesting that some whales may be de-risking positions ahead of the weekend. Shiba Inu maintains a market capitalization of approximately $8.36 billion, solidifying its spot as the 18th-largest cryptocurrency. However, after last week’s rally, traders now appear to be taking on a cautious stance as liquidity thins, seeking clearer directional signals, particularly as Bitcoin price failed to hold the $95,000 level. Nearly 3 Million SHIB Longs Risk Liquidation at Critical Price Level Liquidation data adds another layer of concern for Shiba Inu. According to the latest Coinglass’ Liquidation Map, approximately 2.96 million SHIB longs are at risk of liquidation if the price drops to $0.00001365. Binance alone accounts for 766,710 SHIB of this leveraged exposure, making it the largest single source of potential liquidation pressure. The map highlights a clear liquidity pocket around this…
The post 3,000,000 SHIB Longs Face Liquidation If Shiba Inu Price Tags This Key Level appeared on BitcoinEthereumNews.com.
Shiba Inu price has dipped below $0.000015 on Saturday April 26, as bulls lose momentum. Derivatives trading data shows a SHIB price drop below $0.00001400 could trigger a cascading liquidations Shiba Inu Price Consolidates as Bulls Lose Momentum Shiba Inu price stalls after 17% gains on the weekly candle, with trading indicators suggesting the bullish momentum could be weakening. Currently trading at $0.00001419, SHIB has only mustered a modest 0.6% gain over the last 24 hours, according to CoinGecko data. However, its inability to sustain early gains above $0.000015 highlights mounting selling pressure, especially during U.S. trading hours where retail activity noticeably thinned. Earlier in the day, multiple sharp rejections near the $0.0000150 zone on Binance and Coinbase hinted at exhaustion among short-term bulls. Shiba Inu Price Action | Source: Coingecko After a sharp rally in Asian morning hours, SHIB price entered series of lower highs, typically a sign that buyer conviction is dwindling. Traders on Asian-dominated platforms like Bybit and OKX reported heavier-than-usual spot selling, suggesting that some whales may be de-risking positions ahead of the weekend. Shiba Inu maintains a market capitalization of approximately $8.36 billion, solidifying its spot as the 18th-largest cryptocurrency. However, after last week’s rally, traders now appear to be taking on a cautious stance as liquidity thins, seeking clearer directional signals, particularly as Bitcoin price failed to hold the $95,000 level. Nearly 3 Million SHIB Longs Risk Liquidation at Critical Price Level Liquidation data adds another layer of concern for Shiba Inu. According to the latest Coinglass’ Liquidation Map, approximately 2.96 million SHIB longs are at risk of liquidation if the price drops to $0.00001365. Binance alone accounts for 766,710 SHIB of this leveraged exposure, making it the largest single source of potential liquidation pressure. The map highlights a clear liquidity pocket around this…
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