SHIB Exchange Reserves Hit 87.5 Trillion

Shiba Inu's exchange reserves have dropped to 87.5252 trillion SHIB, marking a new stage in its exchange activity.

This is a decrease of 0.18% over the previous day and indicates that exchanges are holding fewer SHIB tokens.

The seven-day chart shows a decline in reserves following a period of accumulation, which suggests that exchanges may be releasing some of their SHIB holdings back into circulation.

However, despite this decrease, the absolute supply of SHIB is still very large at 87.5 trillion tokens, and the most recent decline should not automatically be seen as a supply squeeze.

The netflow data also shows that withdrawals have exceeded deposits over the past 24 hours, with a total exchange netflow of about -159.4 billion tokens, indicating a negative netflow.