36% of Shiba Inu Holders Achieve Profit Amid Market Challenges
- 36% of Shiba Inu holders are currently in profit, according to data.
- Long-term holder confidence persists, with 78% holding for over a year.
- Potential impacts seen in SHIB’s moderate BTC correlation at 0.46.
36% of SHIB Holders in Profit by June 2025
Shiba Inu has reported that 36% of holders are currently in profit, an important revelation given its market cap of $7.56 billion. This information arises from on-chain analytics by IntoTheBlock.
Analysis further reveals that 59% of holders are at a loss, and 4% are breakeven. The data underscores market dynamics affecting holder profitability, with 78% holding SHIB for more than a year.
Investor Sentiment Shifts Amid Profitability Data
The profitability status of Shiba Inu holders has implications for investor sentiment. With losses affecting 59%, discussions on market resilience emerge. No significant reactions from Shiba Inu leadership have been noted.
Economically, SHIB’s situation suggests impacts on the broader crypto market. Despite profitability shifts, related cryptocurrencies ETH and BTC have shown no correlated price changes up to this week.
According to the latest data, 36% of Shiba Inu holders are in profit, while 59% are currently holding at a loss. An additional 4% are at break-even. — IntoTheBlock Analytics, On-chain Data Analyst
SHIB’s June Declines: A Historical Perspective
Historically, Shiba Inu has seen more holders incur losses in June, with declines noted in previous Junes—4.75% (2021), 12% (2022), and 11.5% (2023). Such patterns reflect Shiba Inu’s sensitivity to seasonal changes.
Expert analysis highlights SHIB’s moderate BTC correlation (0.46). Analysts suggest while Bitcoin fluctuations impact SHIB, they do not wholly dictate SHIB’s market status.
Disclaimer: The information on this website is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency markets are volatile, and investing involves risk. Always do your own research and consult a financial advisor. |