SHIB drops 9% in June, continuing a five-year trend of bearish Junes.
Over 940K holders face losses, holding 875 trillion SHIB below breakeven.
Strong resistance ahead may block recovery, despite long-term holders staying confident.
Shiba Inu — SHIB, hasn't had a break this June. While some traders hoped for a shift, the chart speaks louder than sentiment. SHIB is bleeding red, and the pain runs deep. Over 940,000 wallets now sit underwater. For those holding since last year’s highs, the numbers sting. The current dip isn’t just a correction—it feels like a freefall. Confidence remains, but the pressure is mounting on every long-term believer.
https://twitter.com/thecryptobasic/status/1936064393374318828 Most SHIB Investors Deep in the Red
The price of SHIB has dropped 9.02% month-to-date. That fits an ugly pattern seen every June since 2021. Back then, the meme coin dipped 4.75%. It followed with 12% and 11.5% drops in 2022 and 2023. June 2024 turned brutal, wiping out 32.3%. Now, June 2025 is shaping up to repeat the pain. SHIB trades around $0.00001156. That’s a 22.12% drop in the past 30 days.
Losses keep stacking up—down 1.36% this week and 0.36% in the last 24 hours. The fallout hurts. IntoTheBlock data shows 940,450 addresses sit in losses, holding a combined 875.23 trillion SHIB. That’s more than double the number of profitable addresses, which total 462,750. These profitable wallets hold just 97.49 trillion SHIB.
Resistance Builds, But Hope Still Burns
Only 45,340 SHIB addresses are break-even, neither earning nor losing at current prices. Some of these include SHIB’s burn wallets. So, the real number of holders treading water may be even lower.SHIB’s biggest challenge lies ahead. Resistance levels now trap the price in a tight squeeze. Around $0.000012 to $0.000014, 100,379 addresses sit on 75.47 trillion tokens. That’s the first roadblock.
The next resistance zone stretches between $0.000014 and $0.000016. This area holds over 527.83 trillion SHIB, spread across 177,210 wallets. Breaking this wall won’t be easy without strong volume and positive momentum. On the downside, support rests near $0.000008 to $0.000011. Around 210,070 wallets bought 43.17 trillion SHIB here. If bears push harder, price could tumble toward $0.000007. That level holds another 53.22 trillion tokens in 190,200 addresses.
Still, some holders refuse to flinch. Over 1.13 million wallets have held SHIB for more than a year. These addresses collectively own 782.86 trillion tokens. Another 284,300 wallets hold SHIB between one and twelve months, totaling 174.71 trillion. The diamond hands aren’t letting go just yet. But patience has limits. If support breaks, even loyal holders might rethink their positions. SHIB isn’t done—but it’s definitely hurting.