The cryptocurrency market experienced a notable rebound over the weekend, with Shiba Inu (SHIB) among the altcoins seeing significant gains. According to CoinGlass data, $330 million in short positions were liquidated, including 3,859,993,178 SHIB. SHIB's price increased by 3% in the last 24 hours, reaching $0.00001209 after dipping to $0.00001172 on Saturday.
The market saw $91,880 in SHIB positions liquidated, with an even split between long and short positions. Investors are now turning their attention to the upcoming U.S. nonfarm payrolls report, which could influence market dynamics further.
3.86 Billion SHIB Shorts Liquidated as Crypto Market Rebounds
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