Bybit Holds Trillions in Shiba Inu: Market Relevance Confirmed

Crypto exchange Bybit has revealed substantial holdings of Shiba Inu (SHIB) tokens, signifying its continued market influence despite challenges faced by meme coins. A recent proof-of-reserves disclosure indicates Bybit currently holds approximately 2.94 trillion SHIB tokens. This significant asset position highlights the continuing demand for SHIB from Bybit’s users and suggests a robust presence within the cryptocurrency landscape.