Shiba Inu exchange reserves fall to 86 trillion SHIB, lowest since April 2021
- —Exchange reserves stand near 86 trillion SHIB, lowest since April 2021
- —About 11.9 million SHIB burned in 24 hours, including a 10.4 million transfer
- —Shibarium daily transactions have dropped to hundreds or low thousands
- —Lower exchange balances do not by themselves signal rising demand or price
Why it matters: Falling exchange reserves are often read as bullish, but weak Shibarium activity and fading memecoin interest undercut that signal.
Source: TokenPost