Shiba Inu Whales Add 310 Billion Tokens as Price Rises

Shiba Inu's price edged higher on Monday after rebounding from a crucial support level near $0.00000462.

The meme coin is showing early signs of improving demand from large wallet investors, while its derivatives market indicates that retail traders are increasing their exposure.

Rising Open Interest and funding rates support a mildly bullish near-term outlook for SHIB.

Whales, or large SHIB holders, have been gradually rebuilding their positions, accumulating approximately 310 billion tokens over the period.