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Massive $6.3B SHIB Short Liquidations Trigger Shiba Inu Rally, Boosting Recovery Hopes

Wed, 11 Mar 2026 10:35:02 GMT
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Shiba Inu (SHIB) climbed roughly 5-7% to about $0.0000057 as burn rates increased, trading volume rose and heavy short liquidations hit the market. Bollinger Bands indicate possible heightened volatility ahead, even amid weakness across the broader crypto market.