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

Market News
28 Jun 2026
UToday
View Source
Bullish
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 supply despite the price slide. The unusual buying during a price drop suggests strong confidence from big players, potentially setting the stage for a future price rebound once selling pressure eases. The current price remains stable around $0.0000041, with limited volatility due to profit-taking and futures market activity.

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