Shiba Inu Exchange Reserves Surge Past 80 Trillion
The post Shiba Inu Exchange Reserves Surge Past 80 Trillion appeared on BitcoinEthereumNews.com.
Shiba Inu is showing early signs of a price recovery, but on-chain data tells a more cautious story. Over 112 billion SHIB tokens were transferred to centralized exchanges within a single 24-hour window. That influx pushed total exchange reserves back above the 80 trillion SHIB mark, raising fresh questions about the sustainability of the asset’s recent bounce. At the time of writing, SHIB trades at approximately $0.00000590. The price represents a marginal gain following weeks of sustained losses. Bulls managed to push the asset out of a short-term declining structure, but the broader market context remains firmly bearish. Exchange Reserve Surge Adds Pressure on Bulls On-chain data confirms that SHIB’s total exchange reserve balance is approximately 80.63 trillion tokens. That figure reflects a 0.14% single-day increase, a seemingly small percentage that translates to an enormous volume of tokens given the asset’s circulating supply. Rising exchange reserves carry specific implications for crypto markets. When large volumes of tokens move onto exchanges, it typically signals that holders are preparing to sell or restructure their positions. More tokens sitting on exchanges means more supply is available. A greater supply, without a proportional increase in demand, creates downward pressure on prices. This dynamic complicates the current recovery narrative. SHIB may have broken free from its short-term consolidation range, but the flow of tokens into exchange wallets suggests that conviction among longer-term holders remains low. Any upward momentum faces real resistance from this expanding sell-side supply. The 112 billion token transfer is not a trivial movement. It reflects active decision-making among large holders, commonly referred to as whales, who are repositioning ahead of anticipated market shifts. Whether those shifts materialize as further decline or a sharper recovery depends heavily on demand absorbing the incoming supply. Technical Structure Still Points to a Bearish Trend SHIB’s price…
Filed under: News - @ March 14, 2026 7:28 am