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Shiba Inu (SHIB) Is Back to 85 Trillion Token Range: Here's What It Means for Holders
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Shiba Inu (SHIB) Is Back to 85 Trillion Token Range: Here's What It Means for Holders

U.TodayArman Shirinyan

Shiba Inu (SHIB) exchange reserves have dropped back to about 85.84 trillion tokens in early November, a level that may be healthier for the meme coin's supply. The price, meanwhile, is still under heavy selling pressure. The latest on-chain data puts SHIB exchange reserves at 85.8432 trillion tokens, up only 0.01% over the past 24 hours. The seven-day chart tells a different story: reserves have fallen noticeably, which suggests a lot of SHIB has left trading platforms. Lower exchange reserves generally mean fewer tokens are on hand to be sold. When investors pull SHIB into private wallets, there is less supply available to sellers on centralized exchanges. That doesn't guarantee a price recovery, but it can make the supply picture more favorable.

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