A $20 million Shiba Inu liquidation wave hit traders within 24 hours, with bullish positions taking the larger loss even as bets on gains continued to outnumber bearish wagers. The Shiba Inu team urged caution, pointing to borrowed money as a driver of short-term price swings. Long traders absorbed $12.9 million in liquidations, while shorts lost approximately $7 million. Both sides suffered, but bullish positions accounted for about two-thirds of the damage.