86 trillion SHIB worth $383 million held on exchanges as liquidity thins

CryptoQuant, a leading cryptocurrency analytics firm, has reported that exchanges currently hold approximately 86.04 trillion Shiba Inu (SHIB), with a total market value close to $382.87 million. This inventory represents the cumulative supply of SHIB available for sale on centralized trading platforms. Despite the significant nominal value, market analysts pointed out that $380 million essentially serves as a baseline reference for SHIB’s tradable supply. Should a rapid selloff of the entire 86 trillion SHIB ever occur, its actual sale price would probably fall far short of the stated value because of limited liquidity. Liquidity for SHIB is considered thin by institutional standards.

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