Binance Becomes Shiba Inu Magnet With 502,765,027,348 SHIB Surge

Key Points

1. 502.76 billion Shiba Inu (SHIB) tokens were deposited into Binance in July alone.

2. Binance's total SHIB reserves reached 55.72 trillion, with a reserve ratio of 100.71%.

3. Binance holds 63.22 trillion SHIB across all tracked wallets, ranking third globally among SHIB holders.

4. SHIB's price remained stable between $0.00001200 and $0.00001350 during this period.

5. Other major platforms like Robinhood, Upbit, and Crypto.com also saw significant SHIB inflows.