1000$SHIB Short Liquidation: $10.859K at $0.02474 – Shiba Inu Unleashes Its Power!
The Shiba Inu (SHIB) token has just delivered a jaw-dropping performance, liquidating $10,859 worth of short positions at $0.02474.
This explosive move has set the crypto world ablaze, proving once again that $SHIB isn’t just a meme token—it’s a force to be reckoned with.
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The Event: A Short Squeeze Frenzy
Short sellers betting on SHIB’s decline faced a harsh reality when its price skyrocketed past $0.02474, triggering massive liquidations.
These traders, who anticipated a dip, were forced to exit their positions, amplifying the token’s upward momentum in what’s known as a short squeeze.
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Why This Matters
1. SHIB’s Resilience Shines
Critics often label SHIB as a speculative asset, but this event highlights its strong market presence and ability to defy expectations.
SHIB has consistently demonstrated its capacity for meteoric rises, and this liquidation is the latest example.
2. Whales and Community Power
The Shiba Inu ecosystem is powered by a passionate
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