Coinbase Whales Accumulate 139 Billion SHIB as Traders Dismiss Token
The price of Shiba Inu has remained muted, stuck near $0.00001159 at the time of writing, leaving retail traders frustrated. Months of lower highs and falling liquidity have dampened sentiment, with many dismissing the meme coin as an unattractive asset. However, while smaller traders exit the market, blockchain data indicates whales are positioning themselves quietly. Recent accumulation has reignited speculation that large holders are preparing for a rebound in the final quarter of the year.