Binance Users Accumulate 502.76 Billion Shiba Inu (SHIB) in July, Raising Total Balances to 55.83 Trillion Tokens

Key Points

1. Binance users added 502.76 billion SHIB in July, raising total balances to 55.83 trillion tokens as of August 1.

2. Binance's SHIB reserves stood at 55.72 trillion tokens, exceeding user balances with a reserve ratio of 100.71%.

3. SHIB's price remained stable between $0.00001200 and $0.00001350 during the accumulation period.

4. Binance is among the top holders of SHIB, highlighting its significant role in the SHIB market.