Shiba Inu Team Warns Traders After $20 Million Liquidation Wave Hits SHIB

The Shiba Inu team cautioned traders after a $20 million liquidation wave swept through SHIB in a 24‑hour period, with longs absorbing $12.9 million of the total. Futures volume during the same window reached $49.3 million, roughly 4.5 times the $10.8 million spot turnover, indicating that derivative activity was driving the price swings. The team also noted a net inflow of about 92 billion SHIB tokens to exchanges—more than the 324 billion inflows but less than the 232 billion outflows—suggesting that holders are positioning for potential sales. Despite the heavy long exposure, shorts lost only about $7 million, but the overall long tilt could trigger further liquidations if the price dips again. The post echoes earlier community calls for more bullish sentiment and token burns, highlighting the fragile demand and the role of leveraged futures in amplifying price volatility.