• More than half of all Shiba Inu holders are at a loss.

超過一半的柴犬持有者都處於虧損狀態。

• SHIB’s Open Interest has risen since the beginning of February.

自2月初以來，SHIB的持股量有所上升。

Shiba Inu [SHIB] has a higher percentage of “out of money investors” compared to its rival Dogecoin [DOGE], according to data from IntoTheBlock.

根據 IntoTheBlock 的數據，與競爭對手狗狗幣 [DOGE] 相比，柴犬 [SHIB] 的「缺錢投資者」比例更高。

Information from the data provider showed that 875,000 wallet addresses that hold a total of 797 trillion SHIB coins do so at a loss. This makes up 66% of all SHIB holders.

數據提供商的資訊顯示，持有總計 797 兆個 SHIB 幣的 87.5 萬個錢包地址都是虧本出售的。這佔所有 SHIB 持有者的 66%。

Conversely, only 377,000 addresses, accounting for 28.44% of all coin holders and holding 146 trillion SHIB coins, are in profit.

相反，只有37.7萬個地址處於獲利狀態，佔所有持幣者的28.44%，持有146兆個SHIB幣。

Source: IntoTheBlock

來源：IntoTheBlock

On the other hand, DOGE has a higher number of investors in profit. As of this writing, 48% of all the meme coin holders do so at a profit, while 39% of them are at a loss.

另一方面，DOGE 的獲利投資者數量較多。截至撰寫本文時，48% 的 Meme 幣持有者獲利，而 39% 則虧損。

SHIB sees dwindling demand

SHIB看到需求下降

AMBCrypto reported earlier that DOGE witnessed a surge in new demand in the last week. Over the seven-day period considered, over 890,000 new accounts were created to trade the meme coin.

AMBCrypto 早些時候報導稱，上週 DOGE 的新需求激增。在 7 天的時間裡，創建了超過 89 萬個新帳戶來交易 meme 幣。

On-chain assessment of SHIB’s network activity revealed that the opposite has occurred.

對 SHIB 網路活動的鏈上評估顯示，情況恰恰相反。

Data from IntoTheBlock showed that in the last week, the daily count of new addresses created to trade the Doge killer plummeted by 5%. 

IntoTheBlock 的數據顯示，上週，每天為交易 Doge 殺手而創建的新地址數量驟降 5%。

Due to this, the total number of addresses involved in SHIB transactions during the same period also saw an 18% dip. 

受此影響，同期SHIB交易涉及的地址總數也出現了18%的下降。

Assessed on a year-to-date (YTD), new demand for SHIB has fallen by 19%. This was gleaned from its new adoption rate metric, which has experienced significant swings since the year started.

從年初至今 (YTD) 評估，SHIB 的新需求下降了 19%。這是從其新的採用率指標中收集到的，該指標自年初以來經歷了大幅波動。

Once the number of active addresses trading an asset plunges, there is a corresponding decline in the total count of transactions.

一旦交易資產的活躍地址數量大幅下降，交易總數也會隨之下降。

Data from IntoTheBlock showed a 17%  decrease in SHIB’s daily transactions in the last week alone. On a YTD basis, it has fallen by 21%.

IntoTheBlock 的數據顯示，光是上週 SHIB 的每日交易量就減少了 17%。以年初至今計算，已下跌 21%。

A significant correlation exists between an asset’s network activity and its price performance. SHIB’s low demand since the year began has negatively impacted its price.

資產的網路活動與其價格表現之間有顯著的相關性。 SHIB 自年初以來的低需求對其價格產生了負面影響。

According to data from CoinMarketCap, the alt’s value has dropped by 10% since the 1st of January.

根據 CoinMarketCap 的數據，自 1 月 1 日以來，該替代品的價值已下跌 10%。

SHIB’s Open Interest sees growth

SHIB的未平倉合約有所成長

Following an extended period of decline in January, SHIB’s Futures Open Interest has rebounded and trended upward since the new month began. 

繼1月長期下跌後，上海銀行期貨持倉量自進入月份以來出現反彈並呈上升趨勢。

Source: Coinglass

來源：Coinglass

Read Shiba Inu’s [SHIB] Price Prediction 2024-25

閱讀 Shiba Inu 的 [SHIB] 2024-25 價格預測

According to data from Coinglass, the coin’s Futures Open Interest has risen by 38% since the 29th of January. At press time, SHIB’s Open Interest totaled $22.06 million.

根據 Coinglass 的數據，自 1 月 29 日以來，該幣的期貨未平倉合約已增加 38%。截至發稿，SHIB 未平倉合約總額為 2,206 萬美元。

When an asset’s Open Interest witnesses this kind of resurgence, it suggests that traders have begun opening new trading positions. 

當資產的未平倉量出現這種復甦時，這表示交易者已經開始開設新的交易部位。