Shiba Inu Investors Remain Bullish Despite Bearish June 2025 Indicator: Details
The post Shiba Inu Investors Remain Bullish Despite Bearish June 2025 Indicator: Details appeared on BitcoinEthereumNews.com. Shiba Inu holders have remained optimistic about the prospects of SHIB despite most investors incurring losses on their holdings. The broader crypto market is still attempting to recover from last week’s downturn, which was caused by Donald Trump’s announcement of a 50% tariff on goods imported from the EU. SHIB Rebounds This announcement sent shockwaves through the financial markets, plunging the prices of major assets like SHIB. Notably, Shiba Inu’s price, which soared to $0.000016 on May 23, crashed to around $0.000014 a few hours after Trump imposed a 50% tariff on EU goods. The massive downturn continued over the weekend, with the price of SHIB slumping below the $0.000014 mark to $0.00001396 yesterday. However, SHIB’s price has rebounded and is changing hands at $0.00001460 in the hours leading up to press time. Shiba Inu Investors Incur Losses Despite Shiba Inu’s latest rebound, most on-chain addresses holding SHIB are in the red. IntoTheBlock data indicates that around 81.25% of Shiba Inu’s 1.44 million on-chain addresses, roughly 1.17 million wallets, are ‘out of the money,’ meaning they are currently in losses. According to the data, these 1.17 million addresses hold a total of 800.39 trillion Shiba Inu tokens, currently valued at $11.68 billion. It bears mentioning that the number of addresses in losses has drastically reduced from the figure recorded last month when SHIB traded around $0.000012. At the time, 87% of Shiba Inu’s on-chain addresses were reported to be at a loss. Fresh data from IntoTheBlock indicates that only a small percentage of Shiba Inu’s holders are seeing gains on their SHIB investments. Specifically, about 15.99% of on-chain addresses are “in the money.” These investors hold a combined 157.5 trillion SHIB tokens, valued at approximately $2.3 billion. Meanwhile, the remaining 2.76% of holders, about 39,744 addresses, hold a total of…
The post Shiba Inu Investors Remain Bullish Despite Bearish June 2025 Indicator: Details appeared on BitcoinEthereumNews.com.
Shiba Inu holders have remained optimistic about the prospects of SHIB despite most investors incurring losses on their holdings. The broader crypto market is still attempting to recover from last week’s downturn, which was caused by Donald Trump’s announcement of a 50% tariff on goods imported from the EU. SHIB Rebounds This announcement sent shockwaves through the financial markets, plunging the prices of major assets like SHIB. Notably, Shiba Inu’s price, which soared to $0.000016 on May 23, crashed to around $0.000014 a few hours after Trump imposed a 50% tariff on EU goods. The massive downturn continued over the weekend, with the price of SHIB slumping below the $0.000014 mark to $0.00001396 yesterday. However, SHIB’s price has rebounded and is changing hands at $0.00001460 in the hours leading up to press time. Shiba Inu Investors Incur Losses Despite Shiba Inu’s latest rebound, most on-chain addresses holding SHIB are in the red. IntoTheBlock data indicates that around 81.25% of Shiba Inu’s 1.44 million on-chain addresses, roughly 1.17 million wallets, are ‘out of the money,’ meaning they are currently in losses. According to the data, these 1.17 million addresses hold a total of 800.39 trillion Shiba Inu tokens, currently valued at $11.68 billion. It bears mentioning that the number of addresses in losses has drastically reduced from the figure recorded last month when SHIB traded around $0.000012. At the time, 87% of Shiba Inu’s on-chain addresses were reported to be at a loss. Fresh data from IntoTheBlock indicates that only a small percentage of Shiba Inu’s holders are seeing gains on their SHIB investments. Specifically, about 15.99% of on-chain addresses are “in the money.” These investors hold a combined 157.5 trillion SHIB tokens, valued at approximately $2.3 billion. Meanwhile, the remaining 2.76% of holders, about 39,744 addresses, hold a total of…
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