- Shiba Inu is nearing a critical threshold, with profitable holdings on the verge of dropping below 100 trillion SHIB as most investors remain at a loss.
- Weak technical indicators and declining retail confidence suggest a potential further decline toward the $0.00001 level.
Shiba Inu (SHIB) is facing one of its most critical moments in recent history as profitability among holders continues to plunge. The meme coin, once a symbol of retail investor triumph, is now dangerously close to losing a symbolic threshold — the 100 trillion mark of SHIB held “in the money.”
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On-Chain Data Tells a Worrying Story
Currently, around 104.41 trillion SHIB, worth approximately $1.29 billion, remains profitable. But this number is shrinking rapidly. An overwhelming 830 trillion SHIB, valued at over $10.5 billion, is now held at a loss. This means most SHIB holders are underwater — a situation that often triggers emotional, fear-driven decisions in retail-heavy markets.
This imbalance in profitability could drive SHIB below the 100 trillion in-profit level, a symbolic and psychological blow to the asset’s community. If the price continues to hover near or below the $0.000012 support level, the number of profitable holders may soon drop below 10%.
Shiba Inu Technical Indicators Reflect Weakness
SHIB’s price action has shown no strong signs of recovery. It clings to the $0.000012 range, with no surge in buying volume to inspire confidence. The Relative Strength Index (RSI) lingers at 41, indicating continued weakness and lack of buying strength. Without a push above key moving averages like the 100 and 200 EMA, a breakout seems unlikely.
Moreover, unlike previous recoveries from similar price levels, there is a notable absence of whale activity or broader market interest. This combination of weak technicals and limited whale participation raises the risk of a larger sell-off.
Retail Panic Could Accelerate the Decline
SHIB’s investor base is primarily composed of retail traders, who are historically sensitive to profitability swings. As the number of profitable addresses drops, the fear of further losses could lead to capitulation — when holders rush to sell to avoid deeper losses. This could potentially drive SHIB’s price toward the $0.00001 zone, intensifying bearish sentiment.
The current data offers little optimism, though it does not guarantee a breakdown. For SHIB to recover, a reversal supported by technical strength and renewed interest from large holders would be essential. Until then, slipping below the 100 trillion mark would not only symbolize a loss of profitability but could also deepen doubts about SHIB’s short-term future.
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