Binance Moves 3.09 Trillion SHIB as Exchange Reserves Drop Below 87 Trillion

- Binance moved 3.09 trillion SHIB internally, with no clear evidence of selling activity.
- SHIB exchange reserves fell below 87 trillion as 82.21 billion tokens left exchanges.
- SHIB gained 10.03% weekly despite weaker volume and a recent 0.57% daily decline.
Binance has moved more than 3 trillion Shiba Inu tokens between two wallets. The transfers arrived as SHIB exchange reserves dropped below 87 trillion tokens. The movement has attracted attention among traders watching available market supply. However, Binance appears to have shuffled funds internally rather than sold SHIB. Meanwhile, falling exchange reserves could support the bullish case if demand increases. SHIB also continues holding strong weekly gains despite a recent pullback.
Binance Shuffles 3.09 Trillion SHIB
Arkham Intelligence data shows two large SHIB transfers from Binance. Together, both transactions involved 3,098,891,481,684 SHIB. Binance completed both transfers just one minute apart. The timing suggests both movements formed part of one wallet management operation. The first transfer moved 1.099 trillion SHIB worth about $5.84 million. Funds moved from Binance cold wallet 0xF97โฆ1aceC to 0x5a5โฆ0Efcb. One minute later, Binance transferred another 2 trillion SHIB.
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