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Shiba Inu's 87.5 trillion tokens on exchanges block bullish momentum despite slight reserve decline.

Technical Signals
09 Aug 2026
UToday
View Source
Bearish
Shiba Inu's 87.5 trillion tokens on exchanges block bullish momentum despite slight reserve decline.

Shiba Inu (SHIB) currently has 87.5 trillion tokens held on exchanges, creating a large supply that limits bullish price moves. Although exchange reserves have slightly decreased by 0.18%, this is not enough to signal a supply squeeze. The token's price remains weak, trading near $0.00000461, below key resistance levels. Network activity shows minor growth, but the large token reserves on exchanges continue to suppress significant price recovery. Investors need SHIB to break above $0.0000050 for a stronger market turnaround.

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