SHIB Liquidation Figures for October 28 Range From $36,200 to $20M

Three Liquidation Counts, One Trading Day

Shiba Inu (SHIB) closed its October 28 daily candle 1.27% higher, the record print landing at $0.000004969. That figure is a price record: it covers trading alone and carries no derivatives data. The liquidation picture attached to the same session does not reconcile. One market tally circulating on Thursday put 24-hour memecoin SHIB liquidations near $20 million, split into $12.9 million of longs and $7 million of shorts, roughly 65% of the total resting on the long side. Neither the exchanges aggregated nor the cutoff time was named. A separate tally confined to a single exchange's records put October 28 SHIB liquidations at $36,200, a figure that cannot stand in for a market-wide sum. A third reference sits between the two: a cross-exchange count built from venue feeds put all virtual-asset futures liquidations across seven crypto exchanges at $138.84 million for the October 28 to October 29 window. Shiba Inu (SHIB) appears nowhere in that count's top 20 coins by liquidations; 20th place there, PENGU, recorded $819,000. Within that frame the coin sits beneath every ranked position: whatever its true total, it falls under the $819,000 that bought 20th place. A $20 million Shiba Inu figure inside the same scope and window would rank well above 20th. Without a disclosed exchange set and measurement window, the $20 million number cannot be checked against any published ranking. The 1.27% gain remains the only verified directional number of the session, and it stands independent of the derivatives dispute. Live monitoring shows the quote near $0.00000468, about 3.7% lower over the past 24 hours and beneath the October 28 close.

Why the Counts Cannot Be Compared

Mechanically, a liquidation is the forced close of a leveraged contract trading position: when the margin behind it falls beneath the venue's maintenance threshold, the position is closed out through the order book at whatever liquidity the book offers, which is where slippage enters. Totals therefore shift with the set of exchanges included and the hours counted; two counts of the same day can each be accurate inside their own frames and still disagree by orders of magnitude. The $20 million figure shows the gap: its split, $12.9 million in long positions against $7 million in shorts, is specific, yet the exchanges behind it and the moment the measurement stopped are nowhere recorded. The same commentary offered a long/short ratio of 2.71 drawn from a single exchange, with no statement of whether it counts accounts or position size and no measurement time; the venue's own documentation notes that calculation methods and display differ between exchanges. Cross-exchange counts carry a caveat of their own: some venues publish only part of their liquidation executions, so a feed-based total can sit below the true market-wide figure. That caveat does not, however, supply the missing basis for the $20 million claim; the possibility that published counts understate does not make an undisclosed frame verifiable. Scope moves the number sharply: a one-hour window across three exchanges on September 22 recorded $0 in long liquidations and $80,000 in short liquidations, an earlier read that paired SHIB's one-hour gain with the liquidations in the same hour and came out small. The distance between $36,200 and $20 million is roughly 550 times, and that distance is exactly the distance between one venue and a market. Our earlier reporting on the same tally, in which longs absorbed $12.9M of $20M Shiba Inu (SHIB) liquidations, carried the identical warning about the missing basis.

The composite behind our SHIB technical analysis table reads as follows as of Friday: RSI at 34.11, a bearish MACD signal, and the trend read as a downtrend. Perpetual funding stands at 0.0041%, with open interest near $8.9 million, two positioning figures that show leverage light on either side of the market. The strongest resistance band above the quote carries a composite score of 94 out of 100; the strongest support beneath it sits at 93. Verified numbers from October 28 remain the 1.27% candle and the single-exchange $36,200; the $20 million figure stays unverifiable until its scope is disclosed. The reading places SHIB in the lower part of its momentum range, at RSI 34.11, without an oversold print.