Shiba Inu (SHIB) Spikes 15% Weekly – So Why Are Most Holders Still Losing?
2025-07-17 10:26:45
Main Idea
Shiba Inu (SHIB) has seen a 15% price increase recently, but most holders still face unrealized losses, with the current price 83% below its all-time high; market observers are divided on whether this signals the start of a bullish rally or a potential short-term pullback.
Key Points
1. Shiba Inu (SHIB) price increased by around 15% in the last week, currently trading at approximately $0.00001445.
2. 44% of SHIB holders are in profit, but nearly 80% of investors have joined in the last 30 days, and the current price is 83% below its all-time high of $0.00008616 (November 2021).
3. Some market observers suggest SHIB could be starting a bullish rally, citing a break of an 'important area' in its price chart.
4. SHIB's exchange netflow has been mostly negative over the past week, indicating reduced selling pressure.
5. Shiba Inu’s Relative Strength Index (RSI) has exceeded 70, signaling the asset may be overbought and could face a short-term pullback.
Description
TL;DR SHIB still underperforms compared to other leading altcoins, with over 50% of its holders remaining at an unrealized loss. Some analysts foresee a bullish breakout, while on-chain data indicate reduced exchange inflows, which is typically a sign of reduced immediate selling pressure. However, SHIB’s RSI above 70 suggests the asset may be overbought and due for a short-term correction. The Gains Are Not Good Enough? Shiba Inu (SHIB) has experienced a price increase of around 15% over the la...
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