Around 86.04 trillion SHIB are still held on exchanges, worth approximately $382.87 million according to the report.
The figures provided by U.Today reflect the amount of SHIB held on trading platforms, not the total on-chain supply or its distribution across addresses.
· Exchange holdings are part of the potentially tradable supply, but that doesn’t mean they will be sold
· The holdings figure alone can’t tell us whether holders are waiting for a price move or preparing to exit
Would you look at exchange net inflows first, or changes in SHIB holder addresses?
$SHIB
The figures provided by U.Today reflect the amount of SHIB held on trading platforms, not the total on-chain supply or its distribution across addresses.
· Exchange holdings are part of the potentially tradable supply, but that doesn’t mean they will be sold
· The holdings figure alone can’t tell us whether holders are waiting for a price move or preparing to exit
Would you look at exchange net inflows first, or changes in SHIB holder addresses?
$SHIB
