The recent sharp drop in the Shiba Inu price has resulted in about 44% of holders being in losses, according to on-chain data from IntoTheBlock.
The Shiba Inu price rallied from $0.00001660 to $0.00001996 before dropping sharply to $0.00001770, causing fluctuations in profitability for SHIB holders.
At present, around 52.5% of SHIB addresses are in profit, while 44.62% are in losses, and 2.87% are neither in profit nor losses.
Addresses that bought SHIB between $0.000015 and $0.000020 have around 60% in profit, 39.32% in losses, and 0.67% at the money.