Shiba Inu investors that have been holding for 1 to 12 months have increased their holdings by nearly 30 trillion SHIB this month alone.
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Notably, the crypto market has remained in an extensive consolidation phase, with altcoins feeling more of an impact than the crypto firstborn. Particularly, while Bitcoin is up 13.36% year-to-date, the global altcoin market (TOTAL2) has dropped 15% withinthe same period, with Shiba Inu (SHIB)contributing to this downtrend.
For context, Shiba Inu has collapsed 44.68% this year alone, now trading below the pivotal $0.000012 support. While this level has since flipped to resistance, it appears mid-term holders are either adding to their investments amid the downtrend or welcoming new entrants.
Shiba Inu Cruisers Amass 29.57T SHIB in June
Specifically, data from blockchain analytics platform IntoTheBlock shows that Shiba Inu wallets holding SHIB for the past 1 to 12 months, a class of investors called “Cruisers,” have increased their cumulative balance to a whopping 199.13 trillion tokens worth over $2.2 billion at press time.
Notably, this current figure represents a massive spike in the balance of these addresses this month alone. Particularly, these wallets held 169.56 trillion SHIB tokens at the end of May 2025. As a result, the current balance of 199.13 trillion tokens represents an increase of 29.57 trillion SHIB since the start of June.
This surge marks the largest 20-day uptick in these wallets’ cumulative balance in recent times despite Shiba Inu’s price collapsing 8.21% within this period. Such a rise could either come from a flood of new entrants who eventually transformed from Traders to Cruisers or an actual increase in the balances of existing Cruisers.
Further data indicates that the latter might be the case. Specifically, while the balance of these addresses surged tremendously, the number of addresses in this class actuallyreduced this month. At the end of May, there were 286,180 addresses holding for 1 to 12 months. This figure has dropped to 283,860.
Other Classes of Shiba Inu Addresses Selling Off
Also, it appears that while Cruisers (those holding for 1 to 12 months) have accumulated 29.57 trillion tokens this month, Hodlers (those holding for at least a year) have withdrawn 29.28 trillion SHIB, while Traders (those holding for less than a month) have sold off 3.78 trillion tokens.
This indicates that despite the accumulation trend among Cruisers, the selloff campaign from the other classes of investors has created a balance, contributing to the current price downturn. If Hodlers flip, the accumulation could finally have an impact on price. Right now, Shiba Inu trades for $0.00001176, up 1.19% in the past 24 hours.
DisClamier:
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