Shiba Inu Exchange Reserves Hit 88 Trillion SHIB, Highest in Four Months
- —SHIB exchange reserves reached 88.08 trillion tokens, a four-month high
- —Net exchange inflows exceeded 288 billion SHIB
- —SHIB fell nearly 3% in 24 hours as exchange supply rose
- —Analysts warn of further downside as demand appears to fade
Why it matters: Rising SHIB exchange reserves signal growing sell pressure; continued inflows could keep the token under downside risk.
Source: U.Today