Shiba Inu's price experienced a significant drop of 19% over the last month. This decline did not deter major investors, commonly known as SHIB whales, who decided to seize the opportunity by increasing their holdings.
Despite the downturn, the actions of these whales indicate a level of confidence in the long-term potential of Shiba Inu. Their increased purchases could influence the market sentiment and potentially stabilize the price in the future.