Investment
Features
FeesSafety
Academy
More
Pluang+

Shiba Inu exchange reserves rise above 88 trillion SHIB, signaling renewed selling pressure and bearish outlook.

Market News
03 Oct 2026
UToday
View Source
Bearish
Shiba Inu exchange reserves rise above 88 trillion SHIB, signaling renewed selling pressure and bearish outlook.

Shiba Inu's exchange reserves have climbed back above the 88 trillion SHIB mark, reaching the highest level since June amid a slowing price movement. This increase in exchange supply suggests intensified selling pressure as traders may be offloading their holdings, contributing to a nearly 3% price decline in the last 24 hours. The rising exchange reserves indicate a bearish market sentiment for SHIB, with analysts warning of potential further downside as demand appears to be fading.

Shiba Inu trades at Rp0.102 on Pluang with a market cap of Rp60.45 trillion as of Oct 04, 2026 05:21 WIB. Despite the article noting a nearly 3% price decline, SHIB's 1-day change on Pluang is +1.21%, with a 24-hour volume of Rp775.07 million. The platform data shows a balanced order activity with 42% selling and 58% buying, reflecting mixed investor sentiment amid the exchange reserves rising above 88 trillion SHIB.

More News (SHIB)

Dogecoin price at $0.0931 with weekly loss amid market risks; key support and resistance levels noted for investors.

Dogecoin price at $0.0931 with weekly loss amid market risks; key support and resistance levels noted for investors.

Dogecoin traded at $0.0931 (0.0827 euros) on October 3, 2026, showing a 1.7% daily gain but a 4.7% loss over the past week, the weakest among major coins in Germany. The price is close to its 50-day and 200-day moving averages around $0.087, which ac...

Market News
Bearish
5 hours ago
Shiba Inu (SHIB) jumps 44.1% in Q3 despite large token outflows from exchanges

Shiba Inu (SHIB) jumps 44.1% in Q3 despite large token outflows from exchanges

Shiba Inu (SHIB) saw a strong 44.1% price increase in the third quarter, with gains in July, August, and September, reversing a 24% drop in June. Over 74 billion SHIB tokens were withdrawn from exchanges, indicating more tokens left exchange wallets ...

Market News
Bullish
8 hours ago
Bitcoin tops $87,000 as US jobs data cools rate hike bets; Ripple advances XRPL lending; Shiba Inu posts best month of 2026

Bitcoin tops $87,000 as US jobs data cools rate hike bets; Ripple advances XRPL lending; Shiba Inu posts best month of 2026

Bitcoin surged above $87,000 following weaker-than-expected US jobs data, which lowered expectations for Federal Reserve rate hikes. Ripple progressed its XRP Ledger lending infrastructure with a key protocol amendment moving toward validator approva...

Market News
Bullish
11 hours ago
Only 20 billion Shiba Inu tokens burned in 24 hours amid steady price recovery.

Only 20 billion Shiba Inu tokens burned in 24 hours amid steady price recovery.

Shiba Inu (SHIB) saw a net burn of about 20 billion tokens in the past 24 hours, reflecting modest exchange activity despite a recovering price. The token price has improved since summer lows, currently trading near $0.00000592, and is above a key lo...

Market News
Bullish
1 day ago
Shiba Inu's chart signals a bullish breakout, aiming to remove a zero from its price in October.

Shiba Inu's chart signals a bullish breakout, aiming to remove a zero from its price in October.

Shiba Inu (SHIB) has formed a strong bullish setup with key indicators showing exhausted selling pressure and a firm price floor around $0.0000053–$0.0000055. Currently ranked 30th with a $3.47 billion market cap, SHIB aims to break above the 50-week...

Technical Signals
Bullish
1 day ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App