Shiba Inu

Shiba Inu (SHIB) is nearing a critical price level that could trigger a massive liquidation event. If SHIB’s price reaches $0.0000174886, around $115.49 million worth of positions may be liquidated. This event is expected to push SHIB’s price higher, potentially activating additional liquidations valued over $1 billion.<img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXf9QKf9i7XwpFJmvzZ6e1fyJcbHRt3Fsv8eJ0ECyegIWrLWxVBQPDBsax1jUyQaMR1xDW-BijPLxFXMiak82bA_8WCYTbbjd1Zm5PKVdWbZ10SHd38Dfx8ALWoJb1iTMQjznJNw0MDpiEMZibxeffhLvsB4?key&#61;rBDtu9_249Qwft5SmHt976zB" />SHIB’s <a href="https://coinmarketcap.com/currencies/shiba-inu/" rel="noopener noreferrer nofollow">price</a> has shown limited movement recently, trading near $0.000017 at press time. The token’s stability comes despite broader market fluctuations, with low volatility characterizing its recent performance. This steady price action indicates a lack of strong bullish momentum. However, SHIB holders are watching closely as the price nears the key liquidation level, which could impact short-term movements.Meanwhile, <a href="https://cryptotale.org/shib-burn-rate-spikes-over-7000-as-279m-tokens-removed/" rel="noopener noreferrer nofollow">SHIB’s</a> on-chain data shows increased activity from whales, or large-scale holders. In the past 24 hours, <a href="https://x.com/ShibSpain/status/1853534640331513888" rel="noopener noreferrer nofollow">whales</a> moved 2.34 trillion SHIB in major transactions. This activity suggests that large holders are actively engaging with the token despite the recent price stability. The significant volume of these transactions indicates that whales might be positioning for a potential price recovery<a href="Read%20more%20on%20Cryptotale.%20%20Visit%20the%20links%20for%20more%20information%20Website%20|%20Twitter%20|%20Telegram%20|%20Instagram%20|" rel="noopener noreferrer nofollow">.</a><a href="https://cryptotale.org/shiba-inu-nears-key-price-level-with-potential-for-volatility/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Shiba Inu Nears Key Price Level with Potential for Volatility

CryptoTale

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