Shiba Inu Price Weakens Amid Whale Inflows and Bearish Signals

Shiba Inu's (SHIB) price has weakened amid bearish signals in the market. Recent data shows that whale inflows and weak holder growth have increased selling pressure across the SHIB market.

According to blockchain data, more than four billion $SHIB tokens were moved onto exchanges within a single day on June 15. This shift is linked to large holders adjusting their positions during a fragile recovery phase.

Exchange inflows often signal preparation for selling, especially during uncertain market conditions. With price action struggling below key resistance zones, additional supply entering exchanges increases pressure on buyers trying to defend support levels.

The current chart pattern continues to define the broader outlook, with SHIB trading inside a descending wedge that has controlled movement for months. This structure often appears during extended consolidation phases within bearish trends.