Shiba Inu's hourly trading volume on Kraken skyrocketed by 26,691.75%, with the SHIB/USDT pair reaching $58,690. The price of SHIB increased by 4.9% to $0.00001231, forming a green candlestick with no upper shadow, which indicates strong buying pressure. This surge led to the liquidation of 127.3 billion SHIB short positions, valued at $156,500, marking a positive start to October following a decline in September.