Add as a preferred source on GoogleShiba Inu Exchange Reserves Stand at 86.03 Trillion Tokens
The balance was valued at about $382 million at a displayed SHIB price of $0.00000444 and was down 0.07% over the displayed 24-hour period.
Shiba Inu (SHIB) exchange reserves were listed at 86.0342 trillion tokens in a reading checked at 11:11 p.m. ET Nov. 11 (3:11 a.m. UTC Nov. 12), about 1.03 trillion below the Oct. 20 reserve reading.
The displayed SHIB price was $0.00000444, putting the balance at an estimated $381.99 million, or about $382 million. The reading was down 0.07% over its displayed 24-hour period.
The latest figure is lower than the Oct. 20 reserve reading. The two observations do not show how reserves changed between dates or what caused the difference.
Exchange reserves count tokens held in wallets attributed to trading platforms. The measure can indicate potential supply available to trade, but it does not show whether holders intend to sell or reveal order-book depth.
The dollar value is an estimate based on the displayed balance and price; it does not establish that the full balance could be sold at that price. The reserve reading alone also does not establish buying demand, a price floor or a SHIB rebound.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.