SHIB Supply Peaks at 88 Trillion on Crypto Exchanges

Shiba Inu's supply on cryptocurrency exchanges has reached an all-time high of 88 trillion SHIB, surpassing its previous peak in June. This milestone was achieved on October 3rd.

The recent surge in SHIB's price may have contributed to the increased supply, but a slight decline of around 3% over the past 24 hours has tempered expectations.

According to data, the net outflow from exchanges totals 288 billion SHIB, indicating a sales pressure on the market. This level of outflow is the highest seen since June 3rd.