Shiba Inu (SHIB) Short Traders Count Losses as Price Jumps 13%
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Shiba Inu (SHIB) experienced a 13% price increase since July 5, causing many short positions to be liquidated. Short liquidations occur when traders with short positions are forced to buy back at a higher price, covering their losses. Despite the price rise, SHIB's futures market activity remains low, with futures open interest dropping by 23% this month. The Aroon Indicator suggests the current uptrend may be short-lived, with potential price corrections dipping back to $0.00001570, or rallying towards the $0.000017 level if the trend continues.
Источник: beincrypto.com ↗
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