Shiba Inu (SHIB) Trading Volume Surges 76% as $1.16 Billion Crypto Selloff Hits Market

Shiba Inu's trading volume rose 76.28% in 24 hours to $56.11 million while the token slipped 1.54% to $0.00000438, on a day when $1.16 billion of crypto futures positions were liquidated, CoinGlass shows.

The jump is real, but it did not come from a rush of new buyers. CoinGecko shows just $34.2 million of SHIB volume on Sunday, November 8, below the token's 30-day average of $54.5 million. Shibarium, the network built to give SHIB a use case, is handling about 1,020 transactions a day.

• The news: Shiba Inu's 24-hour volume rose 76.28% to $56.11 million on 9 November 2026, on CoinMarketCap data.
• The key figure: $1.16 billion of crypto positions were liquidated over the same 24 hours, $1.04 billion of them longs, CoinGlass data shows.
• What happens next: whether SHIB holds above its yearly low of $0.00000411, set on July 17, and whether daily volume stays above its 30-day average.

The Volume Jump Started From a Quiet Sunday

A 76.28% rise sounds like a lot until you see the base it came from. CoinGecko logged $34.2 million of SHIB volume on Sunday, November 8, a slow day. The 24-hour figure of $56.11 million is a little above a normal session, not far out of line with the $54.5 million daily average of the past 30 days.

Scale matters here too. Shiba Inu's market capitalisation is around $2.61 billion, which puts it 38th among the largest cryptocurrencies. On a token that size, a move of this kind in daily volume is a swing, not a market event.

A $1.16 Billion Liquidation Day, and Longs Paid for It

Crypto traders lost $1.16 billion to liquidations in 24 hours, with 164,721 traders liquidated, per CoinGlass. Longs, the traders betting prices would rise, accounted for $1.04 billion of it. Shorts made up $123.49 million.

The 24-hour liquidation total stood at $1,162,008,678, up 1,562.74% on the prior reading. The single largest order was an ETHUSDT position on Binance worth $48.16 million.

CoinGlass listed bitcoin at $74,437.2, down 2.05%, and ether at $2,116.92, down 5.47%, at that read. These totals move with the clock, so the exact number depends on when you look.

Shiba Inu Is Still Trading Near Its Yearly Low

SHIB traded at $0.00000442 at midday on Monday, November 9, after touching $0.00000430 during the day. That leaves it just under 7% above its yearly low of $0.00000411, reached on July 17.

The 30-day average closing price sits at $0.00000486, above the current level. A year ago, on November 10, 2025, SHIB cost $0.00000998, so anyone who bought then is down around 56%. The token closed October at $0.00000468, down 18.7% for the month.

Bitcoin sets the tone for the pair. It fell 1.5% on Monday to $74,745, after dropping more than 2% to $73,477 overnight, its lowest since August, then settling near $74,700 into the New York open.

Shibarium's Activity Has Gone Quiet

Shibarium's official account on X, @shibariumnet, has not posted since July 13, 2026. The network is processing around 1,020 transactions a day, well down from its most recent peak of 6,370 on October 31.

For a chain whose job is to give SHIB a use case, that is the number to watch beside the price. Volume can spike on a selloff; usage has to come back on its own.

What Would Turn a Volume Blip Into a Trend

Two things would move SHIB from a one-day volume bump to something real: daily volume holding above the 30-day average for more than a single session, and Shibarium transactions climbing back toward October's peak. Until then, a 76% jump off a quiet Sunday is a headline, and the price near its yearly low says the same.