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Shiba Inu selling pressure rises as exchange reserves near 88 trillion, stalling price recovery.

Market News
27 Sep 2026
UToday
View Source
Bearish
Shiba Inu selling pressure rises as exchange reserves near 88 trillion, stalling price recovery.

Shiba Inu's exchange reserves have surged close to 88 trillion tokens, signaling increased selling pressure and a bearish market sentiment. This rise in tokens held on exchanges indicates fewer buyers and more sellers, which has stalled the recent price rally of Shiba Inu. The net flow data shows a positive balance of over 75 billion SHIB sent to exchanges in the last 24 hours, reinforcing the bearish outlook. As a result, Shiba Inu's price has slipped back into negative territory, trading around $0.000005883, suggesting the recovery may be delayed further.

Shiba Inu's struggle to maintain its recovery is evident as it nears a significant exchange reserve threshold. On Pluang, SHIB trades at Rp0,106 with a 1-day decline of 1.38% as of Sep 27, 2026 23:21 WIB. The market cap stands at Rp62,16 trillion, while trading volume over the past 24 hours reached Rp1,42 trillion, showing active market participation despite the price dip.

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