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Mid-Term Shiba Inu Investors Accumulate 29.57 Trillion SHIB in June Amid Market Pressure

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Shiba Inu Cruisers Add 29.57T SHIB in June Despite Price Drop

Shiba Inu (SHIB) investors who have held the token for one to twelve months are showing a surprising trend. Despite a challenging market environment, these mid-term holders have added nearly 30 trillion SHIB to their balances in June alone.

While the overall crypto market remains stuck in a consolidation phase, altcoins have taken the brunt of the downturn. Bitcoin, for instance, has managed to climb 13.36% year-to-date. In contrast, the altcoin market has slumped, with the TOTAL2 index reflecting a 15% drop. Shiba Inu has performed even worse, falling by 44.68% in 2025 so far.

SHIB Falls Below Key Support, But Cruisers Keep Buying

SHIB recently broke below the key $0.000012 support level, which has since flipped to resistance. Yet, mid-term investors, referred to as “Cruisers”, have either doubled down or transitioned from short-term status amid the decline.

According to data from IntoTheBlock, wallets classified as Cruisers now hold a total of 199.13 trillion SHIB, valued at over $2.2 billion. At the end of May, these wallets held 169.56 trillion SHIB. This means the group has added 29.57 trillion tokens since June began.

Shiba Inu Balance of Addresses by Time Held | ITB

Largest Monthly Surge for Cruisers in Recent Times

This accumulation represents the biggest 20-day increase in this group’s holdings in recent memory. Interestingly, this massive inflow occurred while SHIB’s price dropped by 8.21% in the same period. Such behaviour typically suggests growing confidence among mid-term investors.

However, the data also indicates that this surge may have come from existing wallets increasing their stakes rather than new addresses joining the category. Specifically, the number of Cruiser addresses decreased from 286,180 at the end of May to 283,860 in June.

Shiba Inu Addresses by Time Held | ITB

Long-Term Holders and Traders Are Selling

While mid-term holders have been actively accumulating, other investor categories have done the opposite. Hodlers, those holding SHIB for over a year, have reduced their holdings by 29.28 trillion tokens this month. Meanwhile, Traders, those holding for less than a month, have offloaded 3.78 trillion SHIB.

This contrast in behaviour has likely created a neutralising effect on SHIB’s price. The combined selling from Hodlers and Traders may have offset the bullish impact of the Cruisers’ accumulation. As a result, Shiba Inu has not seen any significant price gains, despite the massive mid-term inflows.

Related article: Shiba Inu Executive Issues Urgent Warning About Scammers Targeting Users on X

Market Outlook: Will the Accumulation Drive a Price Rebound?

Currently, SHIB trades at around $0.00001181, marking a modest 2.83% gain over the past 24 hours. Whether this minor uptick is the start of a broader trend or just a temporary bounce remains unclear.

Analysts suggest that if Hodlers, who typically signal long-term conviction, return to accumulation mode, the ongoing mid-term buying could begin to influence SHIB’s price in a more meaningful way. Until then, the token’s movement may remain constrained.

Ultimately, the next few weeks will be crucial. If market sentiment improves and selling pressure eases, the aggressive accumulation by Cruisers could position Shiba Inu for a rebound. For now, however, their activity only highlights a tug-of-war between confidence and caution within the SHIB ecosystem.

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