Shiba Inu (SHIB) exchange reserves have fallen to approximately 85.84 trillion tokens in early November, following a notable decline over the past seven days. These reserves are worth about $397.45 million, while the netflow to exchanges remains positive at roughly 10.94 billion SHIB. The decline means fewer tokens are available for sale on centralized platforms, which may improve the supply situation without guaranteeing a price recovery. SHIB trades around $0.00000463, below several key moving averages, with immediate resistance between $0.00000500 and $0.00000530 and potential support between $0.00000440 and $0.00000450. A convincing reversal would require continued withdrawals from exchanges, stronger buying and a move back above key resistance levels.
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