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Shiba Inu faces heavy selling pressure despite whale accumulation amid worst monthly drop in 2026.

Market News
29 Jun 2026
Cointribune
View Source
Bearish
pluang ai news

Shiba Inu (SHIB) is experiencing its worst monthly performance in 2026, with a price drop exceeding 15% in June and a 38% decline year-to-date. The token hit a 5-year low, breaching key support levels and showing bearish technical signals. Despite widespread selling, large investors (whales) are quietly accumulating by withdrawing over 443 billion SHIB from exchanges, reducing liquid supply and potentially stabilizing the price. The future of SHIB depends on whether this accumulation can form a strong support floor and the continued development of its ecosystem to support a rebound.

More News (SHIB)

Shiba Inu re-enters crypto top 30 as whales withdraw 781B tokens, cutting supply on exchanges.

Shiba Inu re-enters crypto top 30 as whales withdraw 781B tokens, cutting supply on exchanges.

Shiba Inu (SHIB) has climbed back into the top 30 cryptocurrencies by market cap, reaching $2.48 billion, after large investors withdrew 781 billion SHIB tokens from exchanges between June 25-29, reducing available supply. This move stopped panic sel...

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Shiba Inu whale sells 600B tokens amid market slump, sparking investor concern.

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Cryptocurrencies XRP, SHIB, BTC face bearish pressure; Solana shows potential for breakout.

Cryptocurrencies XRP, SHIB, BTC face bearish pressure; Solana shows potential for breakout.

XRP and Shiba Inu (SHIB) continue to face downward pressure, breaking key support levels and remaining below major moving averages, signaling ongoing bearish trends. Bitcoin struggles to hold above $60,000, with selling momentum strong and key suppor...

Technical Signals
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1 day ago
Shiba Inu whales buy 443 billion tokens as price hits local lows amid overselling.

Shiba Inu whales buy 443 billion tokens as price hits local lows amid overselling.

Shiba Inu (SHIB) price dropped to a local low of $0.00000415, triggering major investors to buy heavily, withdrawing 443 billion SHIB tokens from exchanges over four days. This large outflow indicates whales are accumulating the dip, reducing market ...

Market News
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1 day ago
Shibarium activity stalls as Shiba Inu awaits new catalyst amid market slowdown

Shibarium activity stalls as Shiba Inu awaits new catalyst amid market slowdown

Shibarium, the layer 2 network of Shiba Inu, has seen a sharp decline in daily transactions since peaking on June 17, indicating a slowdown in ecosystem activity. Despite this, the number of Shiba Inu holders is quietly increasing, suggesting sustain...

Protocol Fundamentals
Neutral
1 day ago
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