In recent days, the Shiba Inu community has reported significant accumulations. Investors holding their tokens for 1 to 12 months have collectively gathered 29.57 trillion SHIB, showcasing the resilience of long-term holders amid market fluctuations.
Current Market Landscape
The cryptocurrency market is experiencing significant consolidation, and Shiba Inu has not been exempt. While Bitcoin has shown a year-to-date increase of 13.36%, the altcoin market has faced a 15% decline. Shiba Inu has fallen 44.68% this year and is currently trading below the support level of $0.000012.
Accumulation by 'Cruisers'
According to data from blockchain analytics platform IntoTheBlock, Shiba Inu wallets classified as 'Cruisers' have increased their total holdings to 199.13 trillion tokens, valued at over $2.2 billion. This figure marks a significant rise from the 169.56 trillion tokens held at the end of May 2025.
Trends Among Other Investor Classes
While Cruisers are accumulating tokens, other investor classes are showing different behaviors. For instance, Hodlers, who have SHIB for over a year, have sold off approximately 29.28 trillion SHIB this month. Additionally, Traders, holding for less than a month, have liquidated 3.78 trillion tokens. These actions suggest mixed market sentiment.
The accumulation by Cruisers starkly contrasts with the selling pressure from other investor classes. If the trend continues, it could lead to potential price increases in the future. The Shiba Inu community remains active and confident in the long-term prospects of this cryptocurrency.