Shiba Inu's Exchange Reserve Nears 87 Trillion Milestone
Shiba Inu's (SHIB) exchange reserve has reached a significant milestone, hovering just below 87 trillion tokens. Currently at approximately 86.9973 trillion SHIB, it is mere 2.7 billion tokens away from this threshold.
The increase in exchange reserves over the past 24 hours was minimal, with an additional 0.04% growth. This development may not be advantageous for SHIB, as sustained growth typically indicates more supply available for trading and potential sale.
However, the overall flow picture favors exchanges, with total inflows exceeding outflows by about 34.47 billion SHIB. The seven-day moving average of mean exchange outflows has decreased by 40.62%, suggesting no significant withdrawal wave is currently depleting exchange reserves.