Over 75% of SHIB holders are in loss amid sustained selling pressure

2022/11/24 12:01

According to Finbold, the value of Shiba Inu (SHIB) has struggled to remain stable across 2022, partly impacted by the prevailing market uncertainty. Indeed, the depressed SHIB prices have directly influenced the gains and losses incurred by the token’s investors. On-chain data show that about 76% of Shiba Inu (SHIB) holders are in loss, while only 15% are in profit. The remaining 9% have broken even. Further review of on-chain data indicates that a majority of SHIB holders, at 52%, have held the token for more than one year, while 40% are investors for less than 12 months. Only 8% are holders for less than a month.
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