$SHIB 🫨 Shiba Inu holdings plummet 11%,
$SHIB price approaches three-year lows
Shiba Inu's price drops to its lowest point since October 2023, as the crypto market continues weeks of selling pressure.
In the past 24 hours alone, $2.45 billion has been liquidated, with weekend declines causing significant losses across most digital assets. Long positions accounted for the majority of liquidations, totaling $2.27 billion, while shorts only made up $180 million.
This imbalance indicates traders were caught off guard during the crash, but optimism remains for a rebound, despite recent limited p