Shiba Inu valuation decreased 6.81% in a day... holdings decreased 0.05%
Original headline시바이누 평가액 하루 새 6.81% 감소…보유량은 0.05% 줄어
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Shiba Inu (SHIB) exchange-held balances were valued at $331.96 million, down 6.81% in a day, while the token quantity in exchange wallets fell just 0.05% to roughly 86 trillion SHIB, according to CryptoQuant data cited by U.Today. The near-flat token count shows the dollar decline was driven almost entirely by SHIB’s price rather than by withdrawals, since the figure applies the token price to balances in wallets classified as exchange addresses and is not SHIB’s total market cap. The distinction matters because it signals valuation-driven drawdown rather than a supply shift onto or off exchanges. Watch SHIB’s spot price and the exchange balance count next: a sustained drop in tokens held on exchanges would point to accumulation or self-custody migration, while further dollar-value declines with flat balances would confirm price-led losses.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
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Shiba Inu (SHIB), CryptoQuant, U.Today
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