The latest data from IntoTheBlock reveals that 84.94% of Shiba Inu (SHIB) addresses are currently “out of the money.” In other words, most SHIB holders bought at higher prices and are now holding at a loss compared to their average entry points.

At the same time, 10.61% of SHIB addresses are in profit, while 4.45% are breaking even, highlighting the challenging conditions for many investors in the meme coin space.

Despite the fact that the majority of holders are underwater, a staggering 836.25 trillion SHIB remains in profit at today’s prices—showcasing the wild swings typical in the SHIB market.

Shiba Inu
Source U Today

SHIB Price and Market Activity

  • Current Price: $0.00001273
  • 24-Hour Change: +0.77%
  • Market Cap: $7.5 billion
  • Trading Volume (24H): $121.53 million (+14.5%)
  • Volume-to-Market Cap Ratio: 1.62%

The rise in trading volume signals growing interest, despite price action staying relatively steady. The close alignment of SHIB’s fully diluted valuation (FDV) with its market cap reinforces the sense of market stability for now.

SHIB Whales Are Back in Action

After a quiet period, large SHIB holders—commonly referred to as whales—have made a huge comeback. Netflows from these big players surged an incredible 1,448% this week, according to IntoTheBlock.

Large holder inflows jumped from 189.81 billion SHIB on March 17 to even higher levels in recent days, suggesting that whales are once again accumulating the meme coin in significant quantities.

What’s Next for SHIB?

While most retail holders are still sitting on losses, the return of whales and a boost in trading activity hint at potential renewed momentum for Shiba Inu. As always in crypto, investors are watching closely for the next big move.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

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