Shiba Inu: Out of 1.3 Million Holders, How Many SHIB Investors are in Loss?
Shiba Inu (SHIB), once a darling of the crypto world, has seen its price fluctuate dramatically. With over 1.3 million holders, a key question remains: how many SHIB investors are currently holding losses? Determining the exact number is complex, but analyzing on-chain data and market trends can provide valuable insights.
It's important to remember that profitability varies significantly depending on when an investor purchased SHIB. Those who bought early, before the massive price surge, are likely still in profit, while those who bought at or near the all-time high are likely facing substantial losses.
Analyzing wallet distribution offers some clues. Interestingly, Wallets holding between 1 million and 10 million SHIB have dropped from 570,000 to 568,950. While this may not seem like a massive decline, it signals that some small holders may be selling off their holdings, possibly due to market conditions and potential losses. This subtle shift suggests a degree of investor unease.
Furthermore, the concentration of SHIB holdings is heavily skewed. As data shows, The top 100 holders collectively own 75.25% (752,442,840,167,929.00 Tokens) of SHIBA INU. This concentration means that market movements are largely dictated by these large holders. If these major players decide to sell, it could significantly impact the price and potentially push more retail investors into the red.
Unfortunately, there isn't a real-time, publicly available metric showing the exact number of SHIB holders currently in a loss position. However, by considering factors like price history, wallet distribution changes, and the concentration of holdings, we can infer that a significant portion of the 1.3 million SHIB holders, especially those who bought relatively recently, are likely facing unrealized losses. Investors should carefully consider their risk tolerance and conduct thorough research before investing in volatile assets like Shiba Inu.