Shiba Inu Exchange Reserve Teeters on Edge of Critical Threshold

Shiba Inu's exchange reserve has approached the critical 87 trillion $SHIB threshold, according to data from CryptoQuant.

In the past 24 hours, a net outflow of 244.99 billion tokens left exchanges, with users withdrawing around 458.87 billion $SHIB while only 213.88 billion flowed in.

This has led to a decrease in exchange-held supply, which now sits at approximately 87.0059 trillion $SHIB, just 5.9 billion above the 87 trillion threshold.

While this decline could potentially ease selling pressure by reducing the readily available tokens on trading platforms, continued outflows may push the reserve below the critical level.