Shiba Inu (SHIB) is Really Close to Dropping Off the 80 Trillion Threshold First Time in Ages

Cover image via depositphotos.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. On-chain data indicates that SHIB exchange reserves are currently at about 80.03 trillion tokens, which has long served as a significant structural and psychological benchmark for the asset. The amount of SHIB held on exchanges may soon drop below 80 trillion for the first time if the current trend continues, which would represent a historic change in the supply dynamics of the token. Advertisement SHIB/USDT Chart by TradingView The total quantity of a cryptocurrency that is accessible on trading platforms is represented by exchange reserves. A decrease in reserves typically means that investors are taking assets off the market and putting them in private wallets instead of preparing to sell them immediately. This lowers the liquid supply and, if demand stays steady or rises, can foster favorable conditions for price appreciation. The fact that the 80 trillion level has persisted for a significant portion of SHIB's recent history makes the current situation especially notable. There was significant overhang of potential selling pressure for years due to the massive amounts of SHIB that were parked on exchanges. HOT Stories XLM Shoots Up 60%, XRP Left in Dust Bitcoin (BTC), Zcash (ZEC), Ethereum (ETH) and XRP Price Analysis for May 30: Bearish Pressure Emerges You Might Also Like Sat, 05/30/2026 - 13:59 Shiba Inu: Shibarium Locks 'M' Movement Amid Fresh Transaction Wave By Tomiwabold Olajide Advertisement According to the most recent data, exchange netflows are still largely balanced, and reserves are slightly above the threshold. Even though there are still inflows and outflows, the overall pattern suggests that the supply of available currency will gradually decline. Stabilization is a question of time Technically speaking, SHIB is still under pressure . With a bearish structure above the 100-day and 200-day averages, the asset is still trading below its major moving averages. But right now, price action is trying to stabilize close to a crucial support trendline that has held several times over the previous few months. Additionally, the Relative Strength Index has moved into oversold territory, suggesting that the selling momentum may be coming to an end. In the past, when oversold conditions coincide with improving on-chain fundamentals, SHIB has frequently produced robust rebounds. Advertisement The exchange reserve figure is a crucial development for investors to keep an eye on. The token's long-term bullish narrative could be strengthened by a confirmed decline below 80 trillion SHIB, which would indicate a historic contraction in available supply. #Shiba Inu #Shiba Inu (SHIB) News