Shiba Inu (SHIB) Reserve: Which Popular Crypto Exchange Holds the Most?

Shiba Inu (SHIB) Reserve: Which Popular Crypto Exchange Holds the Most?

As most of the popular crypto exchanges around the world are feeling the aftershocks of the FTX-infused crypto thunderstorm, the public trust in CeFi (centralized finance) crypto exchanges is at an all-time low. Hence, bosses of top global crypto platforms are hurrying to reveal their crypto reserves to assure their customers that all transparency measures are being taken.
Firstly, Kris Marszalek, the CEO of Crypto.com, disclosed that the company holds as much as 20% of its reserves in Shiba Inu (SHIB). This might come as a surprise to the crypto investors who use conventional strategies, as SHIB even tops the largest altcoin Ethereum (ETH) in Crypto.com’s stash.
Secondly, the largest crypto exchange around the globe, Binance, also recently revealed its crypto holdings. Apparently, the crypto giant Binance holds around 87 trillion SHIB tokens, which equals $816 million. If compared to Crypto.com’s SHIB reserve, that’s $258 million more. However, SHIB takes up around 20% o

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