SHIB Eyes Major Breakout as Whale Wallets Hold 95% of Supply

808 wallets control 94.68% of SHIB supply, creating significant whale-driven price concentration. A breakout above $0.00000540 could push SHIB toward $0.000006 and $0.000008. Falling below $0.00000500 could trigger selling pressure and expose SHIB to fresh lows. Shiba Inu sits near a crucial technical turning point after weeks of price compression. The token now trades around $0.00000520 after a 1.71% daily decline. Meanwhile, whale w…