Shiba Inu Price: Potential Rebound Driven by Whale Buying and Technical Signals

Shiba Inu’s price has recently dipped to $0.00001200, but a potential rebound is emerging thanks to significant whale activity and favorable technical indicators. Recent weeks have seen whales accumulate over 62 billion tokens, demonstrating confidence in the cryptocurrency’s recovery. This accumulation coincides with a gradual decrease in Shiba Inu tokens held on exchanges, indicating investors are holding onto their assets despite the price decline.