Recent data shows that despite price volatility, Shiba Inu maintains strong investor loyalty. Long-term holders represent a significant portion of all addresses, indicating their optimism about the asset's future.
Long-term Holders of SHIB
Data reveals that 1.13 million addresses have held SHIB tokens for over a year. These long-term holders own 787.39 trillion tokens, accounting for 79.91% of the total 985.3 trillion tokens on the blockchain.
Short-term Market Players
In contrast to the large base of long-term holders, short-term participants form a much smaller segment of the SHIB ecosystem. Only 25,760 addresses in the shortest-term category hold over 26.33 trillion SHIB, representing just 2.67% of the total on-chain supply.
Structure of SHIB Investors
Analysis of SHIB holdings reveals a predominantly retail-focused investor base. 225,730 wallets manage portfolios worth between $1 and $10, while 203,500 on-chain addresses hold SHIB worth less than $1. The distribution becomes thinner at higher valuations.
In summary, the resilience of long-term holders of Shiba Inu amidst market fluctuations showcases their confidence in the asset's future despite current challenges.
