Reserves of the Shiba Inu Exchange fell to 86 trillion yuan, and supply continued to shrink

The trading reserves of Shiba Inu coins dropped to 86 trillion yuan, and the supply of exchanges continued to shrink.

The trading reserves of Shiba Inu coins (SHIB) have dropped to approximately 86.1 trillion yuan. Investors continue to withdraw coins, resulting in a reduction in the supply that can be sold immediately. Exchange net flow continues to be negative and wallet withdrawals continue to highlight investors 'growing tendency to self-custody, although price movements remain firmly in the bearish range. Technical indicators remain pessimistic, with SHIB prices below the main moving average, while weakening liquidity supply contrasts sharply with sluggish market momentum.

The trading reserves of Shiba Inu coins have dropped to approximately 86.1 trillion coins, pushing one of the most watched on-chain indicators to a record low. The decline in reserve balances suggests that even as SHIB prices continue to come under bearish pressure, holders are steadily moving tokens away from centralized exchanges. Chain data shows that the current reserve level is far below the previously seemingly untouchable 100 trillion mark. In addition, this steady decline reflects long-term shifts in investor behavior rather than short-term market fluctuations. Many holders seem to prefer self-custody rather than leaving assets on trading platforms.

Although trading reserves fell by only about 0.17% in the latest data update, the broader trend remains significant. Fewer tokens on exchanges usually mean fewer SHIBs available for immediate sale. As a result, market participants are paying close attention to whether shrinking supply can ultimately support price stability.

Exchange net flow is negative, strengthening long-term holding trend

Exchange flow data further confirms the downward trend in reserve balance. The total net flow of the exchange remains at approximately-145 billion SHIBs, and the amount of withdrawals exceeds the amount of deposits. In addition, daily outflows are still higher than inflows, indicating that investors are still transferring tokens into private wallets. Lower exchange balances usually reduce immediate selling pressure as fewer assets are available for quick liquidation; continued withdrawals may also strengthen market conditions if buying demand improves. However, this favorable supply trend has not yet translated into stronger price performance.

Currently, the trading price of SHIB is approximately US$0.000041, which is in a long-term bearish structure. Sellers have repeatedly suppressed rebound attempts and prevented the formation of a continued upward trend. In addition, the previous consolidation stages ended in breaking positions and falling rather than achieving continuous breakthroughs.

Technical indicators also reflect a cautious market outlook, with SHIB prices below the 26-day, 50-day and 100-day index moving averages. At the same time, the 200-day index moving average remains well above current prices, highlighting the strength of the broader downtrend.

Technical indicators still favor sellers

Recent price movements have once again formed a series of lower lows, further consolidating the existing bearish structure. As a result, traders remain concerned about whether SHIB can recover nearby resistance levels before market sentiment improves. The Relative Strength Index (RSI) is currently close to 38 and remains below the neutral 50 level after a moderate rebound from oversold territory, indicating that buyers have not yet gathered enough momentum to reverse the current trend.

Although technical weakness dominates the price trend, on-chain activity shows a different picture. Exchange reserves continued to decline and net flows remained negative, reflecting the steady withdrawal of funds from centralized platforms by investors. As a result, the gap between supply dynamics and market performance continues to widen.

Conclusion

On-chain data for Shiba Inu coins shows that as investors steadily put tokens into private wallets, the supply of liquidity on exchanges continues to decrease. However, bearish technical indicators still outweigh these positive fundamentals, and any meaningful recovery will rely more on stronger buying momentum than just a contraction in exchange reserves.