As the cryptocurrency market experiences fluctuations, determining how many Shiba Inu (SHIB) holders are currently profiting remains a crucial question for traders and analysts. Analyzing on-chain data from IntoTheBlock provides insights into this dynamic landscape. According to the latest information, 36% of SHIB holders are currently in profit, while 59% are experiencing losses. Additionally, 4% stand at break-even, indicating their holdings hold or near their initial purchase price. Despite recent price stability hovering around $0.000013 and a market cap of $7.56 billion, the token’s holder base exhibits a significant skew toward unrealized losses. This trend is reflected in the mostly bearish signals originating from IntoTheBlock, driven by negative indicators in network growth, profitability, and wallet concentration. Further analysis reveals: 74% of SHIB is held by large investors; there’s a moderate correlation with Bitcoin at 0.46; $185.86 million worth of large transactions were observed over the past week; community activity has experienced a slight decline (with Telegram users down 0.29%); and transaction demographics are balanced, with 51% originating from the West and 49% from the East. Despite current market caution, long-term confidence is evident among holders – 78% of investors have held their SHIB for over a year, signifying belief in the token’s long-term potential.