81% of Shiba Inu investors are losing money, but long-term investors are growing SHIB ShibArmy SHIBCommunity
IntoTheBlock's In/Out of the Money gives the percentage of addresses that are profiting , breaking even or losing money on their positions at the current price. The In/Out of the Money indicators also look at unrealized profits/losses for addresses that are currently holding the crypto asset.
Currently, this indicator shows that 81% of Shiba Inu addresses are in loss, 14% of the remaining addresses are profiting and barely 4% are breaking even. Shiba Inu's addresses in profit declined amid bearish market conditions since the start of 2022. Despite this, Shiba Inu's long-term holders are increasing. According to the IntoTheBlock's holders' composition by time held, 19% of SHIB holders have held onto their tokens for more than a year, 77% have held within a year, while 3% have held onto their tokens for less than a month.reported that Shiba Inu holders were largely short- and mid-term holders, giving the percentage of each category as 14% and 86%, respectively.
Fast forward nearly six months, and the Shiba Inu population has shifted dramatically, with long-term owners outnumbering short-term owners . Meanwhile, mid-term holders have been reallocated, although they still account for 77% of Shiba Inu owners.Shiba Inu dipped to a low of $0.0000073 on June 13, in line with recent crypto market declines. At the time of publication, SHIB was trading up nearly 5% at $0.0000082.