Binance Proof of Reserves Reveals 1.1 Trillion SHIB Drop as Exchange Balances Shift

Crypto Insight Summary: Binance's latest Proof of Reserves report reveals a 1.1 trillion SHIB drop, indicating major outflows. Bitcoin and Ethereum balances grew on the exchange. Crypto Insight Analysis: Direction: Bearish SHIB / Bullish BTC / Bullish ETH Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: SHIB outflows signal potential sell pressure, while BTC/ETH inflows suggest accumulation.