Long positions accounted for most of the liquidations, with roughly $10,980 wiped out versus about $3,030 in short positions as SHIB declined sharply.
Shiba Inu recorded liquidations totaling 2,457,894,736 SHIB after the token’s price dropped by more than 12%. Long liquidations made up the larger share at roughly $10,980, or about 1.92 billion SHIB, while short liquidations reached about $3,030, equal to approximately 531.57 million SHIB. The figures indicate that traders betting on higher prices absorbed most of the forced position closures during the decline, a common outcome when leveraged crypto positions move against the market.