CandleFocus Shiba Inu Price at Crossroads: Whales Move 67.5B SHIB after 3-Day Profit-taking
2025-01-05
Author: Content Editor
The price of Shiba Inu cryptocurrency experienced a decline of 5% in the past 24 hours, reaching $0.000024 on January 5. In contrast, other meme-inspired cryptocurrencies like Dogecoin (DOGE) and PepeCoin (PEPE) reached new highs. Data from on-chain sources reveals that large investors, known as whales, have been buying significant amounts of Shiba Inu during this price dip. This raises the question of whether the price of SHIB is about to experience a sharp rebound.
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