<ul data-eligibleForWebStory="true">Shiba Inu whales accumulated over 10.4 trillion tokens in one day, marking the second-largest daily purchase this year.Large holders increased their total SHIB by 27.81 trillion since May 24 despite recent volatility.Exchange reserves and funding rates suggest a strong base for a potential move toward $0.00001730.The crypto market faced a weekend of intense volatility but recovered on Monday, with SHIB gaining 9.18%.Whales purchased 10.4 trillion SHIB valued at about $114 million in 24 hours, boosting their total holdings significantly.SHIB's current price is $0.00001168, showing an 8% increase in the last 24 hours.A descending channel formation on the daily chart suggests the potential for price reversals with upside targets of $0.00001250 and beyond.Diverging whale behavior with different SHIB holdings indicates mixed sentiments among investors.The rise in exchange reserves to $929 million on June 22-23 indicates increased liquidity and confidence among SHIB holders.Trade volume fell, but open interest rose, signaling growing market participation amidst slowing trades.Binance, OKX, Coinbase, and Bybit witnessed significant inflows and rising long ratios, indicating renewed investor interest.