Shiba Inu exchange reserves are approaching the 88 trillion token threshold, standing at 87.79 trillion as of September 27, according to Cryptoquant data. The asset’s netflow over 24 hours reached a positive balance of over 75 billion SHIB, indicating that sellers are outweighing buyers. This mounting selling pressure could suspend any potential price rally, with the token trading around $0.000005883. The broader crypto market recovery appears to have stalled for the Shiba Inu ecosystem.
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