SHIB Crashes On Bitcoin Contagion With Liquidations Above $2M
3d ago•
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![image](https://dailycoin.com/wp-content/uploads/2024/07/shiba-inu_shib_token_dark_circles_bitcoin_btc_possition_low_web-1200x800.jpg)
Big Bitcoin sell-off by Germany and Mt. Gox implodes on the altcoin market. Long leveraged SHIB position holders take a beating with $2M liquidations. Heading back to $0.000015, SHIB is faced with an impending sell wall. The popular Japanese hunting dog-embossed crypto currency Shiba Inu (SHIB) succumbed to a double-digit deficit this Friday, as the overall crypto market faces a severe pullback. Dropping below the strong support of $0.000015 due to a whirlpool of bearish events in the market, SHIB triggered a tsunami of long position liquidations on Derivatives markets. https://twitter.com/CryptoCrunchApp/status/1809060075601879079 Interestingly, one single long liquidation of $980.7K at
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3d ago•
bullish:
1
bearish:
0
Share