Shiba Inu’s Struggles: 85% of Wallets at a Loss Despite Whale Activity and Burn Rate Surge

Despite signs of increased activity, Shiba Inu (SHIB) is facing steep losses. This contrasts with the recovery witnessed in other altcoins, highlighting a major imbalance within its market structure. The majority of wallets remain in the red, even as trading volumes soar to unprecedented levels. This disparity between perceived excitement and significant losses raises critical questions about the true dynamics driving SHIB’s current trajectory.