Shiba Inu Exchange Reserve Nears 87 Trillion Threshold

Shiba Inu's exchange reserve is nearing the 87 trillion milestone, and while it may seem like a significant achievement, it could have a negative impact on the token's price. With only about 2.7 billion $SHIB needed to reach this threshold, it's likely that reserves will surpass 87 trillion without any extraordinary transfers.

The current exchange reserve is just below 86.9973 trillion tokens, and in the past 24 hours, it increased by an additional 0.04%. This growth may not be entirely positive for $SHIB, as more supply becoming available on exchanges can lead to a decrease in price.

Despite this, the overall flow picture still favors exchanges, with total inflows of 271.53 billion $SHIB and total outflows of 222.25 billion $SHIB. The netflow remains positive at about 34.47 billion $SHIB.

The seven-day moving average of mean exchange outflows has fallen by 40.62%, but this is not necessarily a cause for concern, as it does not indicate a significant withdrawal wave that could quickly deplete reserves.