Shiba Inu investors continue to endure major losses as the SHIB price remains 87% below its all-time high price reached back in 2021. Multiple price crashes over the last few have left the majority of investors in the red with profitability dropping to early 2024 levels once again.
65% Of Shiba Inu Investors Suffer Losses
In the last year alone, the Shiba Inu price has declined by more than 60% to eliminate most of the recovery from 2023-2024. As a result, investors have been nursing losses, with over 65% of investors seeing losses already. In contrast, 32% are seeing some profit, while 3% are struggling at breakeven prices.
IntoTheBlock’s data shows that at the current price, only 98.2 trillion SHIB, worth $1.12 billion bought by investors is seeing any profit. This is in comparison to the 878.5 trillion SHIB, worth $9.99 billion, that are current nursing losses. Lastly, the amount of SHIB sitting at breakeven is only 8.14 trillion SHIB, worth $92.59 million.
Historically, the profitability has fluctuated wildly as bull and bear markets have come and gone. After the 2021 bear market which saw the highest levels of profitability in October, SHIB holders have had a hard time keeping up profitability. Throughout 2022 and 2023, profitability remained low, well into 2024 before a turn in the market.
By December 2024, profitability reached over 72% again as the Shiba Inu price looked like it was surging toward new all-time highs. However, 2025 has come with a different narrative with profitability tanking once again. Currently, in April 2025, profitability is now sitting at levels not seen since February 2024.
When it comes to the bullish versus bearish narrative, the bulls continue to dominate despite the sell-offs. Expectations remain that the Shiba Inu price would bottom soon and that a rally would follow shortly after.
Why A SHIB Price Recovery Could Happen
Large Shiba Inu transactions have seen a spike in the last few days amid the market downturn. According to IntoTheBlock, large transaction volumes rose over 100% between Sunday and Monday, and have continued to rise.
On the one hand, this could suggest that whales were part of the selling spree that contributed to the SHIB price crash. However, it could also mean that interest is returning for the meme coin, and if this participation turns into buying pressure, then it could lead to a recovery for SHIB.
Featured image from Dall-E, Chart from TradingView.com
