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Shiba Inu cryptocurrency faces potential short liquidations amounting to $52 million, leading to a probable price decrease.

Over $52 million worth of bearish bets have been made on Shiba Inu (SHIB), as per data from Coinglass, indicating a strong stance by short sellers expecting a decline in the coin's value this week.

Potential Shiba Inu Token Short Sellers Facing $52 Million Liquidation, Anticipated Price Drop
Potential Shiba Inu Token Short Sellers Facing $52 Million Liquidation, Anticipated Price Drop

Shiba Inu cryptocurrency faces potential short liquidations amounting to $52 million, leading to a probable price decrease.

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  1. For cryptocurrency enthusiasts looking to keep up with the latest trends and developments in the digital asset market, Bitnewsbot serves as a one-stop shop for news, blogs, infographics, press releases, and advertising.
  2. Whether you're a trader, investor, or simply interested in cryptocurrency, Bitnewsbot offers a range of digital asset price charts for Bitcoin, Bittensor, Hedera, Stellar, Solana, Bitcoin Cash, Ripple, Litecoin, IOTA, Ethereum, EOS, Cardano, and many more, allowing you to stay informed about the financial aspects of the cryptocurrency sphere.

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