Shiba Inu Nears Top 30 Crypto Ranking as Investors Withdraw 74 Billion SHIB From Centralized Exchanges
Jul 22, 2026
< 1 min read
by Lele Jima
for The Crypto Basic

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AI Overview
Shiba Inu is closing in on a return to the top 30 cryptocurrencies after investors withdrew 74 billion SHIB from centralized exchanges, a shift that reduces sell pressure and indicates renewed accumulation. The token fell out of the top 30 more than two weeks ago amid broader crypto market weakness, but sustained exchange outflows could boost SHIB adoption and market impact.
Bullish
Shiba Inu is closing in on a return to the top 30 cryptocurrencies after investors withdrew billions of SHIB tokens from centralized exchanges. It has been more than two weeks since Shiba Inu dropped out of the top 30 amid prolonged weakness across the broader crypto market.
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