Shiba Inu Price 10% Recovery To Cause $50 Million Losses
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Shiba Inu (SHIB) has seen a significant drop in price over the past week, triggering bearish sentiment among traders. This has led to a wave of selling pressure in the market. However, should SHIB recover, it could cause substantial losses for short traders who are betting against the altcoin. Shiba Inu Traders Should Be Aware The liquidation map shows a fascinating development: if Shiba Inu recovers the 10% losses it has sustained, it could trigger over $52 million worth of short liquidations. Short sellers have been betting on a decline, but if SHIB rebounds, these traders will face considerable losses. As traders exit their short positions due to losses, the market will likely see a surge in buy orders, which can propel SHIB’s price upward. This scenario is beneficial for SHIB holders, especially if the altcoin manages to secure a recovery, thereby validating the bullish outlook for the token. Shiba Inu Liquidation Map. Source: Coinglass However, the broader market signals suggest some concerns. Active addresses for Shiba Inu have seen a decline of 36% over the last 48 hours. This indicates that investors may be losing hope in a quick recovery for the altcoin and are swiftly exiting their positions. The decreasing number of active addresses reflects a lack of confidence in the altcoin’s short-term prospects. As more investors exit, the buying pressure necessary to trigger a recovery becomes harder to build. Shiba Inu Active Addresses. Source: Glassnode SHIB Price Needs To Breach Resistance At the time of writing, Shiba Inu’s price is $0.00001407, sitting just below the resistance level of $0.00001435. The altcoin has been facing mixed signals, with both bearish and bullish factors playing a role in its price action. The key resistance level of $0.00001435 needs to be broken for a potential recovery. If SHIB continues to…
Filed under: News - @ July 27, 2025 11:22 pm