Binance Proof of Reserves Shares 1.1 Trillion SHIB Drop as Exchange Balances Shift
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Binance’s latest Proof of Reserves (PoR) report shows a significant reduction in Shiba Inu (SHIB) holdings on the exchange.
Key facts
According to the official announcement, Shiba Inu balances held in Binance reserves fell by 1.1 trillion tokens in a single month, specifically from May 1 to June 1
In contrast to the SHIB outflows, Bitcoin (BTC) and Ethereum (ETH) reserve balances on Binance continued to rise over the same May 1 to June 1 period
As of June 19, 2026, Binance continues its practice of regularly publishing these Proof of Reserves reports
The 1.1 trillion SHIB drop represents a considerable adjustment in the exchange’s asset distribution
Summary
Binance’s recent Proof of Reserves report indicates a substantial outflow of Shiba Inu (SHIB) tokens. The exchange’s SHIB reserves decreased by 1.1 trillion tokens during the period from May 1 to June 1. This shift suggests users are moving SHIB off the exchange, potentially for personal accumulation or staking initiatives. According to the official announcement, Shiba Inu balances held in Binance reserves fell by 1.1 trillion tokens in a single month, specifically from May 1 to June 1.