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Shiba Inu hits lowest price since August amid $1.54B crypto liquidations post-Binance hack

Market News
30 Oct 2026, 21:46 WIB
CryptoTicker
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Bearish
Shiba Inu hits lowest price since August amid $1.54B crypto liquidations post-Binance hack

Shiba Inu's price dropped to $0.00000473, the lowest since August 18, 2026, following a $1.54 billion forced liquidation wave triggered by a Binance hack. The price fell 5.4% in 24 hours, mirroring broader crypto market declines, with key support at $0.00000436 and resistance at $0.00000501. This volatility is driven by market-wide leverage liquidations rather than Shiba Inu-specific events. Investors should note the tax implications of losses depending on holding periods under German law, and the price range highlights risks of leveraged trading.

Shiba Inu's market cap on Pluang stands at Rp50,06 trillion as of Oct 31, 2026, 02:01 WIB, with a 24-hour trading volume of Rp2,42 trillion. The token's price is down 5.24% over the past day, closely matching the article's reported 5.4% drop. Pluang users show a 59% sell order activity and typically hold SHIB for about 107 days, indicating moderate trading engagement amid recent volatility.

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