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Binance confirms full Shiba Inu reserves post-hack, SHIB price hits 90-day low amid market pressure

Market News
13 Nov 2026, 19:12 WIB
CryptoTicker
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Neutral
Binance confirms full Shiba Inu reserves post-hack, SHIB price hits 90-day low amid market pressure

Following the October 29 hack, Binance announced it holds 100.04% of Shiba Inu tokens against customer balances, signaling full backing but pending cryptographic proof. Despite this, SHIB's price fell to its lowest point in 90 days at $0.00000425, down 14.3% over 30 days, reflecting broader market weakness and the impact of stolen tokens potentially entering the market. The zero-knowledge proof validating Binance's reserves is expected within 40-50 hours from the November 12 snapshot. Investors should watch Bitcoin's movements and the market's handling of stolen SHIB for future price direction.

Following Binance's announcement of full SHIB reserves, Shiba Inu trades on Pluang at Rp0,0779 with a slight 0.04% gain as of Nov 14, 2026 00:21 WIB. Despite the recent price drop noted in the news, SHIB's market cap on Pluang stands at Rp46,02 trillion with a 24-hour volume of Rp1,04 trillion. Binance Coin (BNB) meanwhile shows a 3.58% decline at Rp11.493.069, reflecting mixed investor sentiment on the platform.

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