Shiba Inu 699,000 % imbalance: What happened to run it? star-news.press/wp

The Upper Mimi Class Cheiba Eno recorded a 699,000 % liquidation, as its price decreased sharply with Expand a wider encryption market. This has once again sparked Habudiya’s feelings, as the bears look forward to control.

How did the imbalance of Sheba Eino 699,000 % occur?

Coinglass data It showed that the imbalance is 699,000 % due to the great contrast in the long and short sites that were filtered within one hour. This came Shayb price He decreased sharply alongside the broader encryption market, led by Bitcoin, which has decreased to less than $ 112,500 in the past 24 hours.

The SHIBA Inu price fell to $ 0.00001206 during this period from the highest level during the day 0.00001264 dollars, which led to a large amount of Long situations In this process. Other data from Coinglass shows that $ 425,230 has been eliminated in long centers in a 24 -hour period, compared to only $ 11,230 in short sites.

This development sparked down the declining feelings between Shayba Eno bullsWho seems to be waiting to find out how things are revealed before the market is re -inserted. Shayb’s open interest has decreased by more than 4 % in the past 24 hours, currently at 191.38 million dollars. Meanwhile, derivative trading volume also decreased by 2 %, currently at $ 177.46 million.

However, the positivity of Jiba Eno is that the length/short is at 1.0838, indicating that a larger number of traders for a short time is currently. This can cause a tremendous recovery when the market settles. The encryption market is currently witnessing great fluctuations Jerome Powell speech At the Jackson Hall symposium on August 22. Investors are waiting to find out if the Federal Reserve will take a loud or broken position, with a price concentration.

Shib Burns Spercock 2,196 %

Shibburn data He explains that the burns of Shaiba Ino have increased by 2196 % in the past 24 hours, while burning 1.6 million graying during this period. However, more than 28 % burns have decreased in the past seven days, with about 72 million burning symbols this period. An increase in burns It is usually difficulties for the Mimi coin, as it may raise the shock of the supply with the increased demand.

The 24 -hour increase in Shaiba Ino burns track Integration chain grayIt allows the distinctive symbol burns to occur across multiple networks. Amid these developments, encryption analysts such as Javon Marks remain upward on the SHIB path. Analyst earlier this month Propagate The upper Mimi coin can collect more than 150 % to reach $ 0.000032, which may be just the beginning of a larger opposite.

At the time of this report, the SHIBA Inu price is traded at about 0.00001226 dollars, a decrease of more than 2 % in the past 24 hours, according to what it said. Data From Coinmarketcap.

Distinctive image from Getty Images, Chart from TradingView.com

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