Shiba Inu Burn Rate Crashes 99% as Crypto Sees Largest Liquidation Event Ever — TradingView News
Shiba Inu’s burn rate has taken a hit in the last 24 hours, crashing 99% as the crypto market saw its largest liquidation event ever.
The largest liquidation event in crypto history.
In the past 24 hours, 1,618,240 traders were liquidated, with a total liquidation amount of $19.13 billion.
The actual total is likely much higher — #Binance only reports one liquidation order per second.… pic.twitter.com/tvMCILVgU0
In the last 24 hours, a massive $19.38 billion was liquidated in positions, which CoinGlass described as “the largest liquidation event in crypto history.”
A total of 1,674,361 traders were liquidated, with the largest single liquidation order on Hyperliquid, an ETH-USDT position valued $203.36 million.
Coinbase…
