Shiba Inu Price Drops 12% but Whales, Binance Traders Remain Bullish

Shiba Inu (SHIB) is under bearish pressure as Bitcoin, Ethereum, and most cryptos edged lower on June 13 following the Israel-Iran conflict. Shiba Inu price shed 12% of its value as the bearish sentiment across the crypto market intensified, with trading volumes, likely from sellers, hitting $343 million. However, whale addresses holding more than $100,000 worth of SHIB and Binance traders remain bullish on the meme coin.