Fresh wallets just hollowed out the Shiba Inu (SHIB) liquidity pool on centralized exchanges. Large-scale investors withdrew approximately 80 trillion tokens since early December.
Key Points
- Fresh wallets withdrew 80 trillion SHIB from centralized exchanges since December, removing 22% of available inventory.
- The aggressive accumulation occurred at an average price of $0.0000085, dropping exchange balances to 290.3 trillion.
- Analysts at TK Research Trading warn of "supply exhaustion" as trading volume surged 60% against shrinking liquidity.
The movement signifies a strategic tightening of the asset’s floating supply. Market analyst TK Research Trading reported that high-value participants are actively consolidating control of the token’s remaining liquidity.
Total SHIB balances on exchanges reached 290.3 trillion tokens on Monday. The figure represents a sharp decline compared to the 370.3 trillion recorded on December 5.
The net outflow accounts for roughly 22% of the exchange supply in just over a month.
The Shiba Inu Accumulation Report
Buying pressure appears highly coordinated across several major platforms. Fresh wallets with no prior trading history withdrew 82 trillion SHIB from centralized exchanges during the last 60 days.

The majority of the volume originated from Coinbase. These acquisitions occurred at an average price of approximately $0.0000085.
Withdrawals of this scale account for 28% of the total exchange balance available at the start of the period. TK Research Trading explicitly linked the drain to a potential market squeeze.
“Shiba Inu is showing signs of supply exhaustion with the majority of tokens increasingly controlled by big players,” the TK Research Trading shared. The firm further noted that “exchange liquidity is nearly locked,” creating the conditions for a potential supply shock.
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Moving assets toward private cold storage suggests a long-term holding strategy by entities seeking to reduce the immediate liquid supply on open order books.
Volume Divergence and Supply Fatigue
Resurgent market activity accompanies the shrinking reserves. Shiba Inu’s 24-hour trading volume surged 59.81% to $98.6 million early morning Monday. Analysts identify a divergence between falling exchange reserves and rising trading volume as a bullish structural signal.
Demand’s chasing a shrinking pool of liquid assets because nearly 290 trillion tokens now sit in private cold storage. Market participants often view low exchange inventory as a prerequisite for a supply shock.
Buying pressure is increasing as tokens remain off-exchange. The lack of immediate sell-side liquidity can result in rapid price appreciation.
The current volume spike confirms that the market’s finding a second wind despite the reduced number of tokens available on centralized venues.
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Consolidation by Major Entities
The total circulating supply of SHIB stands at 589.24 trillion tokens. Roughly half of that supply currently sits on exchange order books.
The withdrawal of 80 trillion tokens creates the potential for heightened price volatility. Shiba Inu’s multi-billion dollar market cap provides enough depth for large moves. However, retail demand’s yet to match the pace of whale accumulation.
Whales are hollowing out the exchange order books. Removing 28% of the liquid supply in two months creates a dry powder keg.
Tokens moved out of the daily churn of high-frequency trading and into dormant cold storage. A return of retail demand will likely trigger a massive supply shock because 80 trillion tokens are no longer for sale on the open market.
