$1000SHIB IB Long Liquidation Report

A significant long liquidation hit $1000SHIB, wiping out $24.72K at $0.00735.

This points to heavy leverage on the upside that couldn’t survive the pullback.

Key takeaways

• Overleveraged longs got flushed

• Price volatility increased sharply

• Market sentiment cooled short term

Large liquidations like this often reset the market before the next major move.

1000SHIB
1000SHIBUSDT
0.007124
-2.38%