Markets· ★★· bearish·

Shiba Inu exchange reserves climb to 87.16 trillion tokens as sell pressure builds

  • —Exchange reserves total 87.16 trillion SHIB, valued at $449.76 million (+4.12% daily)
  • —Inflows of 344.17 billion SHIB versus outflows of 268.47 billion, net +72.56 billion
  • —Price near $0.00000516, below EMA50/100 in the $0.00000525–0.00000535 range
  • —RSI around 45 on weak volume signals soft momentum
Why it matters: Rising exchange balances and thin volume raise the risk of further selling, with a break of $0.00000480 exposing $0.00000450.
#SHIB
Source: Coin Türk
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