Amid a bearish downturn affecting the crypto market on Friday,Shiba Inu (CRYPTO: SHIB) has experienced a significant liquidation event, with $3.63 million worth of SHIB, or approximately 14.8 trillion tokens, being liquidated in the last 24 hours. The data, derived from CoinGlass, highlights the impact of the market’s volatility on one of the popular meme coins. Despite the downward pressure causing a 12.17% decrease in SHIB’s price over the past day and an 11% drop over the week, certain key metrics of Shiba Inu remain positive. Notably, large transactions on the network, defined as those exc…