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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, 12:05 WIB
UToday
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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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