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$20M in Shiba Inu positions liquidated in 24 hours, mostly long bets, amid volatile trading.

Market News
30 Oct 2026, 12:44 WIB
Tokenpost
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Bearish
$20M in Shiba Inu positions liquidated in 24 hours, mostly long bets, amid volatile trading.

Shiba Inu (SHIB) saw about $20 million worth of positions liquidated within 24 hours, with long positions making up the majority at $12.9 million, compared to $7 million in short liquidations. Despite this, bullish bets still outnumber bearish ones by nearly 3 to 1. Exchanges recorded net deposits of approximately 92 billion SHIB during the same period. The team cautioned traders about the risks of borrowed funds amplifying price swings and triggering large liquidations, urging careful trading and more token burns to support the price.

Shiba Inu trades at Rp0.0848 on Pluang as of Oct 30, 2026, 17:02 WIB, down 4.30% in the past day. The market cap stands at Rp50.1 trillion with a 24-hour trading volume of Rp2.27 trillion. Buy orders slightly outnumber sell orders at 53% to 47%, and typical holding time is 107 days.

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