Shiba Inu (SHIB) now sees 87.5252 trillion tokens held on trading platforms, down 0.18% from the previous day. Data shows a broader seven-day decline in exchange reserves after a prolonged accumulation phase, but the absolute figure remains staggeringly high.
Netflow over the last 24 hours plunged 4.73% to roughly -159.4 billion SHIB, with withdrawals outpacing deposits. Inflows themselves barely moved, adding just 0.04% to 231.187 billion tokens. While the token balance dipped only modestly, the dollar value of exchange reserves fell 1.67% to about $403.49 million, reflecting SHIB’s weak price rather than a major supply drain.
On-chain metrics ticked slightly higher: active addresses and total transactions each rose 0.83–0.85%, but SHIB remains locked below $0.0000050, with resistance at $0.00000497 and $0.00000588. The current setup does little to ignite a rally; the massive reserve base continues to act as a ceiling, even as negative netflows ease some sell-side pressure.
