The price of Shiba Inu (SHIB) has dropped about 12% and is currently hovering around $0.000013. According to Supply Distribution data from Santiment, whale wallets holding SHIB have decreased their holdings by 61.5 billion in the last ten days. This includes a decrease in SHIB holdings for wallets holding between 100,000 and 1 million, wallets holding between 1 million and 10 million, and wallets holding between 10 million and 100 million. The decrease in whale holdings suggests increased selling pressure and a bearish outlook for Shiba Inu. The technical outlook also indicates a deeper correction targeting a level of $0.000010. The daily chart's RSI indicator shows strong bearish momentum.



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