SHIB Leaves Exchanges, Price Keeps Sliding

Roughly 1.5 trillion Shiba Inu tokens left centralized exchanges over the past two months. Reserves fell from 87.36 trillion to 85.8 trillion, yet the token lost about 13 % since early September and now trades near $0.0000047.

Lower exchange balances usually signal less immediate selling pressure. With SHIB the effect has been absent because buyer interest has been too weak to lift the price, pushing market cap down to $2.8 billion.

Analysts point out that moving tokens off exchanges does not automatically mean long-term accumulation. Funds may simply shift between wallets or into cold storage, so the reserve drop alone gives no clear directional signal.

For Shiba Inu the key factor remains the balance between shrinking supply and actual demand. Continued outflows paired with rising buyer interest could support upside, but recent price action shows the opposite.

Based on information from cryptonews.net