Shiba Inu Faces Market Struggles: 85.5% of Holders in Red Despite Increased Token Burns and Whale Activity

Despite recent efforts to boost Shiba Inu’s value through record-breaking token burns and the resurgence of large-scale investors (whales), data reveals that a staggering 85.5% of SHIB wallets remain underwater. The meme cryptocurrency continues to face downward price pressure, leaving most retail investors at a loss even as on-chain activity shows signs of renewed institutional interest. Market analysts suggest this divergence indicates persistent challenges in SHIB’s path to recovery, with token burns alone proving insufficient to offset broader market trends. The situation highlights the volatile nature of meme coins and raises questions about sustainable value creation mechanisms in the current crypto landscape.

In Brief

• Shiba Inu (SHIB) profitability reaches a historic low, with over 85% of holders at a loss.
• A key technical resistance hinders any sustainable price progress around the 0.000012 $ threshold.
• Whale transactions explode, with more than 1.3 trillion SHIB traded in 24 hours.
• The burn rate records a 3,277% surge, driven by activity on the ShibTorch platform.

Shiba Inu profitability reaches a historic low

The profitability of Shiba Inu is collapsing. Indeed, only 10.62% of addresses holding SHIB are currently profitable, representing about 104.6 trillion tokens, valued at 1.28 billion dollars.

On the other side, 85.5% of holders, or 842.2 trillion SHIB, are at a loss, with a valuation of 10.29 billion dollars. This unprecedented imbalance raises questions about the real resilience of individual crypto investors who largely make up the Shiba Inu community base.

Such a low proportion of profitable wallets has never been observed before, indicating the magnitude of the drop-off.

Here are the key data extracted from the analysis:

• 104.6 trillion SHIB are currently profitable (10.62% of addresses);
• 842.2 trillion SHIB are held at a loss (85.5% of addresses);
• The 0.000012 $ threshold constitutes a major resistance, with 38.17 trillion SHIB locked at this level;
• 67,020 addresses hold these tokens at this price zone, constituting a glass ceiling for any upward progress.

These figures reflect a deep imbalance in position distribution. The majority of investors are stuck in positions bought at higher levels. As long as SHIB fails to break the 0.000012 $ resistance, profitability prospects will remain low, with underlying selling pressure.

Whale activity and massive burn: towards a SHIB turnaround?

While SHIB profitability collapses, other indicators suggest a possible medium-term turning point. Transactions from large addresses, known as “whales”, increased by 173% over 24 hours, just before the token reached the technical threshold of 0.000012 $.

More than 1.3 trillion SHIB were traded in a single day, highlighting unusual activity among major players in the crypto market. This dynamic could reflect an opportunistic accumulation strategy or, conversely, an upstream redistribution ahead of an anticipated pullback.

Meanwhile, the burn rate has exploded. On April 19, 2025, the ShibTorch platform burned over 881 million SHIB, a spectacular 3,277% increase in just one day. Such an initiative helps reduce circulating supply, potentially having a bullish effect long term if demand follows.

This level of activity from the ShibTorch burner is one of the highest ever recorded, suggesting some project actors are seeking to restore a balance between speculation and fundamentals.

In the short term, this dual dynamic—between whale activity and supply reduction—may not be enough to reverse the trend as long as technical resistances remain unbroken. However, in the medium term, these signals suggest a willingness to reposition SHIB on more solid grounds, thanks to the revaluation of its tokenomics. If the burn continues and accumulation persists, a bullish breakout could occur. The question remains whether the crypto market will respond with the same vigor.

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