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1.1 trillion Shiba Inu tokens exit Binance as investors shift focus to Bitcoin and Ethereum.

Market News
18 Jun 2026
UToday
View Source
Neutral
pluang ai news

Binance users withdrew 1.1 trillion Shiba Inu (SHIB) tokens in June, reducing exchange reserves below 80 trillion tokens globally. Instead of moving into stablecoins, investors redirected funds into Bitcoin and Ethereum, increasing their holdings by 4.26% and 10.17%, respectively. This shift suggests either accumulation of SHIB off-exchange by large holders or a market rotation favoring major cryptocurrencies over altcoins. Upcoming data will clarify if SHIB tokens moved to long-term holders or if this is a broader decline in SHIB interest.

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