$185K Liquidated! A Shocking Turn for $SHIB Investors at $0.0251
A major liquidation wave has shaken the Shiba Inu (#SHIB) market, as $185,000 in long positions was liquidated at the critical price level of $0.0251.
This reflects the intense volatility in the memecoin sector, where rapid shifts in sentiment can lead to substantial losses.
Currently, $SHIB is trading below its earlier highs due to reduced market momentum, compounded by uncertainties surrounding broader crypto trends and macroeconomic factors.
However, with the upcoming ShibaSwap 2.0 updates and expanding use of the Shibarium ecosystem, recovery potential remains a focal point for optimistic investors.
Such events underscore the risks associated with high-leverage trading, especially in speculative assets.
Traders are advised to remain cautious and leverage strategies that mitigate risks while the market stabilizes.