CoinEx to Cease Operations With 442.793 Billion SHIB in Reserves
Shiba Inu (SHIB)
Editor:
Eugene Serbin
cryptocurrency.com.tr reports that Hong Kong-based exchange CoinEx has announced plans to cease operations and begin an orderly wind-down. According to data from Arkham Intelligence, CoinEx held 442,792,693,142 (442.793 billion) Shiba Inu in its reserves in the hours leading up to press time. This substantial holding remains in the exchange's custody as it prepares for the shutdown. The announcement marks the end of operations for the popular exchange.
How the market reacted
Whalio's own Binance spot order flow for SHIB, measured when this story was written up on 15 September 2026. Not the outlet's figures.
SHIB is currently trading at $0.000005240, with the 1-hour buy ratio at 51.4% and the 4-hour ratio at 49.8%, compared to a 24-hour ratio of 45.8%. This indicates that buying pressure is building in the short term, as the 1-hour ratio exceeds both the 4-hour and 24-hour averages. The 1-hour volume delta is positive at +$7,370, suggesting net buying activity in the last hour, whereas the 4-hour delta is -$5,326 and the 24-hour delta is -$265,636. The CVD for the 24-hour close is -$197,043, showing that net selling has dominated over the full day despite the recent short-term shift.
The latest daily buy ratio of 45.6% sits at the 11th percentile of the last 322 days, against a median of 48.8% - weaker buying than most days.
Was that an ordinary day?
The same Binance spot measurements for SHIB, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 47.6%, making today's 24-hour ratio of 45.8% slightly below average by 1.7 points. Volume has been at 0.85x the average, indicating lighter trading activity than usual. The coin has seen only 1 day of net buying out of the past 7 days, with a total volume delta of -$1,332,879 over 8 days. This represents an unusual day for the coin, as it deviates from the weekly average in both buy ratio and volume intensity.