Over 59% of SHIB Holders in Losses as Retail Interest Rapidly Declines

Shiba Inu holders are facing mounting losses, with data showing that a majority of them are now underwater. According to IntoTheBlock, 59% of SHIB investors are currently “out of the money,” meaning they purchased the token at prices higher than its current market value.

Only 4% of holders are at break-even, while just 37% remain in profit, reflecting a sharp downturn for SHIB compared to its bullish run in 2021. According to CoinMarketCap data the token’s value stands at $0.000013 with a 0.71% decrease during the previous 24 hours.

The retail market participation for SHIB resumes a downward trend as retail activity decreases. A 2.61% decrease led trading volume to reach $133.6 million per day. Large transactions drove the increase in trading volume for SHIB tokens from 1.8 trillion to 7.37 trillion despite overall reduced retail trading participation.

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During the last week the key community metric of Telegram membership showed a 0.38% reduction. The reduction in small investor sentiment together with shifting attention represents a possible redirection of focus away from the project.

Long-Term Holders Stay Firm as Fresh Investor Interest Fades

A significant 78% of SHIB holders have kept their tokens for over a year. This suggests that despite current losses, a large segment of the community still has long-term faith in the asset.

Research shows that new investor engagement levels have suffered a dramatic reduction. The latest data shows that incoming SHIB investors amount to only 2% of all present holders across the market. The falling number of fresh demand highlights the token’s reduced ability to maintain its previous popularity among retail investors.

The price movement of SHIB remains highly correlated with Bitcoin at a rate of 0.84. Price fluctuations of SHIB heavily rely on overall cryptocurrency market trends.

During the past seven days SHIB maintained $184.96 million in transaction volumes among its declining retail investor base. Institutional participants and high-net-worth investors continue to act within the market.

Conclusion

With 59% of holders in losses and new investor interest cooling off, Shiba Inu faces growing pressure. While long-term holders remain committed, the token must regain retail confidence to reverse its current trend.

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