According to CryptoQuant data, Shiba Inu reserves held across crypto exchanges fell to about 85 trillion SHIB as of October 31, down from the 87 trillion zone seen in the preceding days. The 0.007% decline over 24 hours indicates that tokens are moving off exchanges, potentially reflecting demand that exceeds selling activity. Over the same period, SHIB recorded a negative exchange netflow of 61.36 billion tokens, representing a decline of about 1% in one day. If these trends continue, reserves could fall to 84 trillion SHIB, supporting bullish positioning despite broader market selling pressure. The article does not specify how long it may take SHIB to remove a zero from its price.
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