Shiba Inu Hits Critical Threshold of 88 Trillion Tokens on Exchanges

The supply of Shiba Inu available for sale on centralized exchanges has reached a critical threshold of 88 trillion tokens, signaling bearish pressure.

This high volume of liquidity available for sale is an indicator typically associated with growing bearish pressure on price. When exchange reserves rise, it often means holders are transferring their tokens onto platforms to sell.

Shiba Inu's current setup remains unfavorable in the short term due to this significant supply ceiling and insufficient buying demand. The token is struggling to confirm a technical bounce, failing to establish itself durably above key resistance levels.