{"id":100624,"date":"2025-09-29T18:30:16","date_gmt":"2025-09-29T18:30:16","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=100624"},"modified":"2025-09-29T18:30:16","modified_gmt":"2025-09-29T18:30:16","slug":"shiba-inu-exchange-reserves-fall-below-1-billion-amid-withdrawal-spree-what-this-means-for-price","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=100624","title":{"rendered":"Shiba Inu Exchange Reserves Fall Below $1 Billion Amid Withdrawal Spree, What This Means For Price"},"content":{"rendered":"

Shiba Inu (SHIB) is witnessing a significant shift on centralized exchanges, as fresh on-chain data reveals that the meme coin\u2019s reserves have plunged<\/a> below the $1 billion mark following a massive withdrawal spree. While this decline may seem concerning at first glance, historical trends suggest that such large-scale withdrawals<\/a> often indicate a shift from selling to accumulation in the long term.\u00a0<\/p>\n

Shiba Inu Exchange Reserves Plunge To New Lows<\/h2>\n

According to data<\/a> from CryptoQuant, Shiba Inu\u2019s exchange reserves have experienced a steep drop in recent months. As of September 28, 2024, SHIB\u2019s supply<\/a> across exchanges was approximately 143.62 trillion tokens, equivalent to over $1.5 billion at the time. However, by Monday, September 29 2025, reserves have thinned down significantly to 84.55 trillion tokens, valued at just under $998 million at current market rates.\u00a0<\/p>\n

Based on this timeline, the supply of Shiba Inu on exchanges has decreased by a whopping 59.1 trillion tokens in just one year. This marks the lowest level of SHIB held on exchanges since 2023<\/a>, highlighting a shift in investor sentiment as withdrawals flood the market.\u00a0<\/p>\n

Notably, the sharpest decline in Shiba Inu\u2019s exchange reserves this year was recorded on January 7. At the time, holdings across these centralized platforms<\/a> fell to 107.84 trillion SHIB, marking a drop of more than 33 trillion tokens from January 6, when reserves stood at roughly 140.79 trillion coins.<\/p>\n

Since then, SHIB\u2019s exchange balances have continued to shrink, decreasing week by week. The decline in available supply suggests that investors may be moving their tokens into self-custody<\/a> or staking options, thereby reducing risks from widespread selling pressure. Historically, when exchange reserves plummet, assets become scarcer for trading, creating conditions in which price pressure can develop if demand increases.\u00a0<\/p>\n

At the same time, SHIB\u2019s price has faced turbulence<\/a> in recent months. The token is currently trading at around $0.000011, down from its local highs earlier this year. However, analysts like \u2019SHIB KNIGHT\u2019 on X social media believe<\/a> that the current dip represents a buying opportunity, pointing out that the meme coin has entered a key accumulation zone. He argues that long-term holders are capitalizing on lower valuations, slowly adding to each dip.\u00a0<\/p>\n

Technical Signals Hint At SHIB Price Breakout<\/h2>\n

While Shiba Inu\u2019s exchange supply declines, technical charts suggest that the meme coin may be preparing for its next price breakout<\/a>. According to market expert \u2018SHIB Mortal,\u2019 Shiba Inu is showing signs of setting up for an \u201cUptober\u201d rally. His chart analysis highlights<\/a> a descending resistance trendline that the coin has repeatedly tested, paired with strong support around the $0.000010 zone.<\/p>\n

SHIB Mortal\u2019s chart illustrates a potential reversal pattern<\/a> forming, where the meme coin could bounce off current support, reclaim the trendline, and ignite a possible rally to $0.000019 by October. This move would mark a surge of over 70% from current levels around $0.000011.\u00a0<\/p>","protected":false},"excerpt":{"rendered":"

Shiba Inu (SHIB) is witnessing a significant shift on centralized exchanges, as fresh on-chain data reveals that the meme coin\u2019s reserves have plunged below the $1 billion mark following a massive withdrawal spree. While this decline may seem concerning at first glance, historical trends suggest that such large-scale withdrawals often indicate a shift from selling […]<\/p>\n","protected":false},"author":0,"featured_media":100625,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-100624","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/100624"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=100624"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/100624\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/100625"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=100624"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=100624"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=100624"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}