1.6T SHIB Coins Left Exchanges: What’s Cracking Here?

A stupendous amount of Shiba Inu tokens is gone from major platforms: sign of scarcity or losing relevance?

German Shepard staring at a half melted golden bone.
Created by Gabor Kovacs from DailyCoin

Since the start of 2026, Shiba Inu’s (SHIB) reserves on major platforms have dramatically dried up. Judging from the latest CryptoQuant data, this figure dropped by over 1.6 trillion tokens since mid January, hinting at a looming supply crunch for the popular meme currency.

Shiba Inu’s Holder Behavior Change Deciphered

This came around the same time as one ancient crypto currency whale decided to cash out $394,000 worth of Shiba Inu coins from CoinOne platform. The gradually drying out liquidity is noticeable across many major crypto platforms, including Binance & Coinbase.

The overall exchange reserve just plunged to 80.9 trillion, as the year 2026 kicked off with roughly 82.5 trillion on exchanges. This resembles a change in a typical SHIB holder’s behavior – instead of speculation on the dog-embossed meme coins price, holders perceive it as a long term investment vehicle.

Shiba Inu’s Short-Sellers Throw Shade At SHIB

If met with proper trading activity, this could induce a supply crunch. On the other hand, the geopolitical tensions including ongoing beef between USA & Iran has pushed the Crypto Fear & Greed Index back to ‘extreme fear’ levels, while rising crude oil prices & crashing stocks are expected to eventually reflect on major-cap coins, including Shiba Inu (SHIB).

Looking on the Futures side, the participants of this speculative market are leaning towards a bigger Shiba Inu price dip in the near term, rather than an immediate rebound.

The long versus short ratio points to 0.91, meaning that Shiba Inu’s (SHIB) short-sellers outnumber the bulls, even though the OI-weighted funding rate has just reclaimed green territory, measured by the real-time data from CoinGlass.

Dropping another 3% this Tuesday, Shiba Inu must reclaim $0.000006 in order to push the bears away. However, the global uncertainty makes it difficult to assess price levels solely on technical financial instruments, as most market participants hibernate in ‘wait & see’ mode.

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People Also Ask:

What does “1.6T SHIB left exchanges” mean?

It means a huge amount (around 1.6 trillion SHIB tokens) was withdrawn from trading platforms (like Binance, Coinbase) to personal wallets recently.

How does this compare to the start of 2026?

At the beginning of the year, exchange reserves were higher (around 82.5 trillion SHIB or more in some trackers.

What’s the total SHIB supply look like now?

Circulating supply is around 589–590 trillion SHIB (huge number, which keeps price low). Exchange reserves are a tiny slice (~80.9T out of that).

Should I buy SHIB because of this?

Outflows like this create short-term hype and can support price bounces, but SHIB is still a high-risk meme coin — price can swing wildly.

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This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Author
Tadas Klimasevskis

Tadas Klimaševskis is a DailyCoin Journalist, covering memecoins & latest developments. Tadas has moderate holdings in SHIB, HBAR, LTC, MATIC and a selection of low-cap meme currencies.

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