Ethereum's most popular meme coin, Shiba Inu ($SHIB), just had a trading anomaly as, across a full hour of downside, not a single short position was liquidated. While the price dropped to around $0.00000855, the one-hour liquidation data showed that long traders lost $3,950, but short traders did not lose a penny, according to CoinGlass.
That trend carried through the rest of the session for the meme cryptocurrency. On the last day, $SHIB long positions lost $408,210 in liquidations, while shorts only took $23,990 in hits. The 12-hour window was even more one-sided, with long-side liquidations at $218,940 and just $7,380 cleared from shorts.

u.today