Shiba Inu (SHIB) Exchange Reserves Hit $716 Million but Real Liquidity Estimated Near $100–200 Million

On-chain data shows about $716 million worth of Shiba Inu currently held on centralized exchanges, raising concerns about potential sell pressure and limited bullish drivers. However, actual tradable liquidity is estimated to be closer to $100–200 million before slippage and disorderly price moves increase sharply. SHIB is attempting a modest recovery from recent lows but continues to face strong resistance near key moving averages as exchange reserves keep trending higher.