Shiba Inu Crash: 11% Open Interest Fell, Will It Bounce Back?!
In a perfect little tableau of market drama, $2.45 billion got liquidated in last 24 hours alone-after a weekend drop, because obviously the market doesn’t need a weekend break to make things trickle. Long positions did the violent dance, churning up $2.27 billion of forced sales, while shorts barely managed $180 million. That’s like putting all the cookies in the pot and letting a few leftovers decide the snack crisis.
