
Ongoing burns of 2.63 million SHIB and whale accumulation could tighten supply further if demand increases.
Recent blockchain movement shows that Shiba Inu reserves held on cryptocurrency exchanges have dropped below 82 trillion tokens. Exchange wallets hold about 81.396 trillion SHIB at press time, marking a noticeable decline in available trading supply.
This level is important because exchange reserves represent the amount of readily available for trading. When tokens move off exchanges into private wallets, they are usually being stored rather than prepared for immediate sale. A falling reserve often suggests that investors are choosing to hold instead of trading.
Over the past few weeks, hundreds of billions of SHIB have been withdrawn from exchange addresses. In one instance, more than 50 billion tokens were withdrawn from exchanges in a single day. Such steady outflows reduce the liquid supply sitting on trading platforms and may change how the market reacts to new demand.
Read more on Analytics Insight

