The price of Shiba Inu (SHIB) experienced a significant decline, dropping more than 10% in the last 24 hours and breaking important support levels. This fall followed a broader market correction that wiped out gains from the recent upward trend. Interestingly, despite the drop, large players (whales) accumulated a large number of SHIB tokens. Bitcoin also suffered a notable drop, falling below $96k, which had an impact on overall market sentiment. Investors are now looking for indications of a possible price recovery while uncertainty remains in the market.



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