Shiba Inu (SHIB) fights for balance amid 14.8 trillion liquidation record The crypto market is facing a very bearish stress test with close to $1 billion liquidated across the board. One of the major assets impacted by this trend is Shiba Inu (SHIB) as it has seen a total of $3.63 million in liquidation over the past 24 hours, per CoinGlass data. This liquidation figure amounts to 14.8 trillion worth of SHIB liquidated within this period. Long traders are those betting on the future growth of the token, a group that saw the larger part of the liquidation, which comes in at $3.45 million. Short traders, who bet on the price fall, also saw a total of $186,400 taken out of circulation as volatility also impacted price action.