The crypto market never sleeps, and today’s wild ride saw a dramatic turn of events for Shiba Inu $SHIB traders. A jaw-dropping short liquidation worth $1.4096K just rocked the charts, marking a crucial moment in the battle between bulls and bears.
The liquidation occurred at a price of $0.02505, shaking up strategies and sending shockwaves through the trading community.
The Drama Unfolds
For those unfamiliar with the stakes, liquidation happens when a trader’s position is automatically closed due to insufficient margin to cover losses.
In this case, short-sellers—betting on SHIB's $SHIB price dropping—were caught off guard as the token surged past their threshold.
The result? A forced liquidation that wiped out their positions and handed a glorious win to the bulls.