Despite signs of sustained activity, Shiba Inu (SHIB) is sinking into a spiral of underperformance.

Contrary to the recovery observed in other altcoins, the token shows a historically low profitability rate, revealing a deep imbalance in its market structure.

Shiba Inu (CRYPTO: SHIB) is known for its sustained activity, yet it seems to be sinking into a spiral of underperformance. Unlike other altcoins that have shown signs of recovery, the token has seen a historically low profitability rate, revealing a deep imbalance in its market structure.

This stark contrast between apparent excitement and massive losses raises a simple question: what is really happening behind the numbers?

Shiba Inu Profitability Reaches A Historic Low

The profitability of Shiba Inu is collapsing. Indeed, only 10.62% of addresses holding SHIB are currently profitable, representing about 104.6 trillion tokens, valued at 1.28 billion dollars.

On the other side, 85.5% of holders, or 842.2 trillion SHIB, are at a loss, with a valuation of 10.29 billion dollars.

Such a low proportion of profitable wallets has never been observed before, indicating the magnitude of the drop-off.

Here are the key data extracted from the analysis:

These figures reflect a deep imbalance in position distribution. The majority of investors are stuck in positions bought at higher levels. As long as SHIB fails to break the 0.000012 $ resistance, profitability prospects will remain low, with underlying selling pressure.

Whale Activity And Massive Burn: Towards A SHIB Turnaround?

While SHIB profitability collapses, other indicators suggest a possible medium-term turning point. Transactions from large addresses, known as “whales”, increased by 173% over 24 hours, just before the token reached the technical threshold of 0.000012 $.

More than 1.3 trillion SHIB were traded in a single day, highlighting unusual activity among major players in the crypto market. This dynamic could reflect an opportunistic accumulation strategy or, conversely, upstream redistribution ahead of an anticipated pullback.

Meanwhile, the burn rate has exploded. On April 19, 2025, the ShibTorch platform burned over 881 million SHIB, a spectacular 3,277% increase in just one day. Such an initiative helps reduce circulating supply, potentially having a bullish effect long term if demand follows.

This level of activity from the ShibTorch burner is one of the highest ever recorded, suggesting some project actors are seeking to restore a balance between speculation and fundamentals.

In the short term, this dual dynamic—between whale activity and supply reduction—may not be enough to reverse the trend as long as technical resistances remain unbroken. However, in the medium term, these signals suggest a willingness to reposition SHIB on more solid grounds, thanks to the revaluation of its tokenomics. If the burn continues and accumulation persists, a bullish breakout could occur. The question remains whether the crypto market will respond with the same vigor.