Shiba Inu Exchange Reserves Fall Below $1 Billion Amid Withdrawal Spree, What This Means For Price

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Shiba Inu (SHIB) is witnessing a significant shift on centralized exchanges, as fresh on-chain data reveals that the meme coin’s reserves have plungedbelow 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 withdrawalsoften indicate a shift from selling to accumulation in the long term.  Shiba Inu Exchange Reserves Plunge To New Lows

According to datafrom CryptoQuant, Shiba Inu’s exchange reserves have experienced a steep drop in recent months. As of September 28, 2024, SHIB’s supplyacross 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.  Related Reading Shiba Inu Exchange Reserves Fall Below $1 Billion Amid Withdrawal Spree, What This Means For Price 5 hours ago

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, highlighting a shift in investor sentiment as withdrawals flood the market. 

Notably, the sharpest decline in Shiba Inu’s exchange reserves this year was recorded on January 7. At the time, holdings across these centralized platformsfell 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. Source: Chart from CryptoQuant on X

Since then, SHIB’s 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-custodyor 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. 

At the same time, SHIB’s price has faced turbulencein recent months. The token is currently trading at around $0.000011, down from its local highs earlier this year. However, analysts like ’SHIB KNIGHT’ on X social media believethat 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.  Technical Signals Hint At SHIB Price Breakout

While Shiba Inu’s exchange supply declines, technical charts suggest that the meme coin may be preparing for its next price breakout. According to market expert ‘SHIB Mortal,’ Shiba Inu is showing signs of setting up for an “Uptober” rally. His chart analysis highlightsa descending resistance trendline that the coin has repeatedly tested, paired with strong support around the $0.000010 zone. Related Reading Shiba Inu Exchange Reserves Fall Below $1 Billion Amid Withdrawal Spree, What This Means For Price 5 hours ago

SHIB Mortal’s chart illustrates a potential reversal patternforming, 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.  SHIB trading at $0.000011 on the 1D chart | Source: SHIBUSDT on Tradingview.com Featured image from Getty Images, chart from Tradingview.com