Shiba Inu Whales Accumulate 500B SHIB as Price Slump Creates Buying Opportunity
Jun 29, 2026
< 1 min read
by Lele Jima
for The Crypto Basic

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AI Overview
Large Shiba Inu whales have accumulated roughly 500 billion SHIB after a price slump, withdrawing more than 400 billion SHIB from exchanges in a matter of days. This aggressive accumulation signals reduced exchange supply and increased holder confidence, a bullish crypto development for SHIB adoption and potential price recovery.
Bullish
Following the recent downturn in Shiba Inu's price, whales have begun taking advantage of lower prices by aggressively accumulating SHIB at discounted levels. Large investors are viewing the latest correction as a buying opportunity, withdrawing more than 400 billion SHIB tokens from exchanges within just a few days.
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