Shiba Inu Team Urges Traders to Take Care After $20 Million Liquidation Wave

Shiba Inu’s team told traders to be cautious after $20 million of liquidations hit SHIB over 24 hours, with longs absorbing $12.9 million and shorts losing about $7 million. The team cited futures activity, where contracts let traders bet on the token’s price with borrowed money: futures volume reached $49.3 million versus $10.8 million in spot trading, roughly 4.5 times larger. Bullish bets still outnumbered bearish ones 2.71 to 1, leaving longs exposed to further forced selling if prices fall. Exchanges also received a net 92.07 billion SHIB—324.28 billion in inflows against 232.21 billion in outflows—a sign of selling readiness as the token has lost about half its value in a year.