SHIB Is a Favorite Holding Among New Crypto Wallets, Nansen Shows

Shiba Inu’s SHIB Extends Surge, Bitcoin Breaks a Key Resistance Level

Week-over-week, a steady 22% of SHIB’s circulating supply is parked on crypto exchanges, with Binance, the world’s largest exchange, holding more SHIB than any other; Crypto.com is second-highest. Notably, Binance’s total SHIB deposits have dropped by 1.6 trillion tokens in seven days, while smaller exchanges such as OKX have seen their deposits increase.

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