Shiba Inu (SHIB) Exchange Reserve Reclaims 88 Trillion Tokens, Highest Since June 3

88 Trillion Tokens Return to Exchange Wallets

Shiba Inu (SHIB) price sits near $0.00000575 on Saturday, up 1.4% over the past 24 hours, yet the token's supply picture on trading venues is moving the other way. The Shiba Inu reserve tracked across every supported crypto exchange climbed back above the closely watched 88 trillion threshold, with CryptoQuant's exchange-flows chart printing 88,076,900,000,000 tokens as of October 3. That is the highest reading since around June 3, when the market was in one of the year's most volatile stretches, and it closes a four-month stretch in which the reserve had been drifting lower. The same dataset shows a positive exchange netflow of more than 288 billion SHIB, meaning tokens entered exchange balances faster than they left over the measured window. Net inflows of this size have historically preceded heavier distribution phases for the asset, though the correlation is far from mechanical. Deposits on trading venues are traditionally read as potential sell-side supply, because holders who move coins to an exchange often intend to trade them. The buildup arrived while the memecoin was still working through a drawdown: earlier in the session it had been down close to 3% across 24 hours before buyers stepped back in, a move that unfolded as the wider altcoin market also sagged. Traders following the metric read the combination as fading demand for Shiba Inu (SHIB), with holders positioning coins for possible sale and the token set up for further downside if those deposits convert into orders. Still, a larger reserve raises the amount of supply sitting near the market rather than proving selling has started, and for a token whose circulating supply runs into the hundreds of trillions, where those 88 trillion tokens sit is a barometer of holder intent in both directions.

Reserve Growth Is Not Confirmed Selling

An exchange reserve counts every token sitting in exchange wallets, and a positive netflow only means inflows exceeded outflows during the window; a netflow figure is simply what entered exchanges minus what left them, so a positive print says deposits outran withdrawals. Neither figure reveals the depositor's intention: coins moved onto a venue can be staged for sale, but they can also serve trading, collateral, custody or simple portfolio housekeeping. On-chain observers raised the same caution earlier in the week, when the reserve stood near 87.79 trillion Shiba Inu (SHIB) on September 27 and similar questions surfaced about whether rising balances pointed to realized sell pressure. The October 3 reading is roughly 283 billion tokens above that late-September level, an incremental build rather than a sudden rush. That nuance matters for how much weight the 88 trillion print deserves. A reserve that climbs while the price slips is bearish in the classic reading, because it suggests supply is being staged into weakness. Realized selling, however, shows up in executed orders, not in wallet balances, and no exchange has published data confirming a wave of SHIB sell orders. Until that confirmation arrives, the reserve and netflow figures gauge latent rather than actual sell-side pressure. The distinction cuts both ways: if the deposits were routine rotations, the bearish narrative loses its footing and the tokens may simply sit on venue balances through coming sessions. Supply-side flows also run in opposite directions across the ecosystem. Coinbase's 144 million SHIB burn over the past 30 days topped the burn ranking, a reminder that part of the circulating total leaves the market entirely even as other holders shuttle tokens toward exchanges.

87/100 Support Against a Greed Read

COINOTAG's proprietary 42-indicator composite S/R scoring engine frames the setup from both sides. The nearest support shelf carries the day's strongest score at 87/100, driven by the Keltner Lower channel, the S3 pivot, Supertrend and Ichimoku Senkou A, while the overhead resistance cluster scores 79/100 on a confluence of the Fibonacci 0.000 level, Donchian Upper, the swing high and the upper Bollinger Band. RSI reads 55.03 with a still-bearish MACD signal inside a broader uptrend, a mix our SHIB technical analysis page tracks in real time. Derivatives positioning leans constructive: funding runs at 0.0056% on the perpetual and open interest sits near $14.76 million, a mild long bias without visible leverage stress, and the Fear & Greed Index at 67 (Greed) keeps risk appetite intact. The constructive case holds while price stays above the 87/100 support band; a close back under the $0.0000057 moving-average band would invalidate it.