$SHIB

🚨 Nearly 3 Million SHIB Longs Risk Liquidation at Critical Price Level 🚨

Liquidation data adds another layer of concern for Shiba Inu. According to the latest Coinglass’ Liquidation Map, approximately 2.96 million SHIB longs are at risk of liquidation if the price drops to $0.00001365.

Binance alone accounts for 766,710 SHIB of this leveraged exposure, making it the largest single source of potential liquidation pressure.

The map highlights a clear liquidity pocket around this level, meaning a breakdown could trigger a wave of forced selling as margin positions are closed automatically.

Historically, similar patterns — like in late March when SHIB lost $0.000012 — saw prices collapse 5%–8% within hours as liquidation cascades intensified the downward pressure.

Recent trading on Binance Futures also shows a rise in the SHIB long-to-short ratio, reaching 2.7:1 at peak levels earlier today, before cooling slightly.

Over the past 30 days, cumulative long leverage has trended steadily downward, yet large clusters of overexposed longs persist just beneath the current SHIB price.

This concentration suggests that $0.00001365 now serves as a major liquidity cluster — if tested, it could lead to a rapid cascading effect, mirroring the sharp liquidations seen across altcoins like PEPE and FLOKI in similar setups earlier this month.

Within the current market dynamics, a sustained break below $0.00001400 could set off an aggressive liquidation cascade toward $0.00001365, and potentially lower if panic selling ensues.

Conversely, if SHIB price can maintain steady support above $0.00001420 and reclaim $0.00001450, it may avert a deeper correction.

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