- Shiba Inu reserves on Binance hit 61.8 trillion.
- 10,000+ new holders signal growing retail demand.
- ETF inclusion and mixed on-chain flows keep the outlook cautiously bullish.
Binance’s SHIB exchange reserves just hit 61.8 trillion tokens. According to CryptoQuant, this big jump started somewhere around mid-March and kept climbing. On-chain charts show reserve line shooting up while price wiggles around.
In crypto, more tokens on exchanges usually means trouble. When holders move their tokens from safe wallets to trade spots, it usually points to sell-offs or profit takings. Even with price ups and downs, this huge pile could block rallies.
More Holders Join SHIB Fast
At the same time, there’s a more optimistic trend developing. Data from Etherscan show that Read Entire Article
English (US)