Bybit Reveals Massive Shiba Inu Holdings: Institutional Confidence Grows

Cryptocurrency exchange Bybit has disclosed holdings of 2.94 trillion SHIB tokens, further cementing its position as a major player in the Shiba Inu ecosystem. This significant disclosure comes on the heels of other major exchanges like Binance and Robinhood amassing substantial SHIB reserves, signaling growing institutional confidence. Bybit’s actions follow recent updates to the SHIB ecosystem, including increased adoption across trading platforms and improvements to key tools such as Shibarium.