1000$SHIB Long Liquidation: $8.5938K at $0.02256
The crypto market witnessed another dramatic moment today as a $8,593.8 long position on 1000$SHIB (Shiba Inu) was liquidated at a price of $0.02256.
This highlights the peril and excitement of trading in highly volatile meme coins, where fortunes can change in an instant. Let’s dive into the details of this electrifying event.
A trader banking on a bullish breakout for #1000SHIB was caught off guard when the market reversed.
With price action swinging rapidly, the position was forcibly liquidated as the token hit $0.02256—a key inflection point in the market.
This liquidation demonstrates the high-risk, high-reward nature of meme coin trading, where volatility reigns supreme.
Key Details:
Asset: #1000SHIB (Shiba Inu)
#Binance250Million #BinanceAlphaAlert #BTCRebounds95K #XRPBackInTop3 #BitcoinInSwissReserves