Shiba Inu has recently skyrocketed around $0.000012, but the address holding Shib is currently profiting.
Prices for major financial products skyrocketed very rapidly when President Donald Trump announced a 90-day suspension on mutual tariffs.
Sheeva Dogs surge to $0.000012 after Trump suspends tariffs
The announcement has benefited financial instruments like Shiba Inu as prices rebound to around 0.000012, thus easing global economic tensions. Remember that Shiv plunged to a months-long low of $0.00001031 earlier this week following the escalation of the tariff war.
With Trump announcing a temporary 90-day suspension on mutual tariffs, Shiv rebounded to $0.00001213 yesterday, showing a 19.74% increase from the recent low of 0.00001031.
However, there has been a small retracement, and one SHIB is currently trading at $0.00001198.
Shiba Inu holders’ interests
Despite Shiba Inu’s recovery, only a few investors are holding Shib in profits. According to IntotheBlock data, 10.40%, or 482,970 addresses of all Shiba inu on-chain wallets are currently “in the money.”
This indicates that the address is profitable as we acquired the SHIB at an average cost below the current price. Additionally, these 482,970 addresses hold a total of 102.43 trillion Siv, worth $1.22 billion.
However, the majority of Shiba Inu holders are either “out of money” or are currently missing. IntotheBlock data suggests that 898,230 Shiba INU addresses, accounting for 87.02%, lost SHIB investments. These addresses were purchased at a combined total of 857.13 trillion Siv, exceeding the current price of 0.00001198.
In particular, 63,680 addresses, or 2.58% of the chain wallets on the island, are currently listed in money. This shows that they are neither profitable nor losses at current prices. These addresses hold a total of 25.42 trillion siv tokens, which amounts to $345.3 million.
Shiba Inu Holder Spectrum Intotheblock
Investors and teams remain committed in volatility
Although the current value of SHIB is far from its peak price of 0.00003329 on December 8th, many investors are devoted to it.
Intotheblock’s data shows that around 1.45 million addresses hold Shib, placing Shiba Inu as one of the most held tokens.
Interestingly, 77% of these chain wards have held SHIB for over a year. About 21% have held tokens for one to 12 months, while only 2% have held them in less than a month.
In the meantime, the Shiba Inu Ecosystem team chose to ignore recent FUDs in the market, focusing on upcoming upgrades. Earlier this week, Shiba Inu’s marketing lead Lucie hinted at the imminent launch of new technology within the Shib ecosystem.
Additionally, she also revealed that the team will be presenting other important projects in the future. However, Lucy suggested that those projects would take some time before they could see the light of day.
