SHIB Down 47% But 1.5M Holders Refuse to Sell—What Do They Know?

Shiba Inu continues to attract new holders even as its price faces sustained pressure across the broader cryptocurrency ￰0￱ steady increase in wallet count highlights continued user interest in the token, signaling that investor confidence in the project remains intact despite ￰1￱ Wallet Numbers Indicate Steady Interest A popular market commentator, Etherscan_SHIB, recently pointed out on X that the number of Shiba Inu on-chain holders has increased ￰2￱ data from Etherscan, the analyst revealed that wallet addresses holding SHIB grew by 0.01% in the past day to 1,546,558. The figure later rose slightly to 1,546,786, marking a daily increase of 0.003%.

Although the growth appears modest, it underscores a steady trend of new investors entering the ￰3￱ holders also appear committed to maintaining their positions, a sign of the community’s enduring faith in the project’s long-term potential.