Coinpaper
2025-12-22 20:57:37

SHIB Price Analysis: Top Traders 67.9% Long at Key $0.0000072 Level

Binance's top-trader positioning data reveals a pronounced bullish tilt on Shiba Inu, with professional accounts maintaining substantial long exposure despite the token's recent price consolidation. The data suggests experienced traders are positioning for potential upside while the broader market remains cautious. Recent metrics from the exchange indicate that top trader accounts hold a 62.3% net long position, compared to a 37% short exposure. This configuration pushes the account-based long/short ratio to 1.65, indicating a clear directional preference among sophisticated market participants. The skew represents a meaningful departure from neutral positioning and reflects growing conviction in SHIB's near-term prospects. Position Data Points to Concentrated Bullish Exposure The positioning becomes even more apparent when examining actual open positions rather than account distribution. Top traders hold 67.9% of their positions long compared to 32.1% short. This creates a long/short ratio of 2.12 in terms of position sizing, nearly double the short exposure. The gap between account distribution and position size reveals strategic intent. Professional traders are not simply leaning long, they are allocating meaningful capital to that directional view. This distinction matters because it indicates a real risk being deployed, rather than tentative positioning that could reverse quickly. The elevated position ratio suggests desks are building exposure ahead of a potential move. They appear willing to maintain size as long as key price levels hold. However, the positioning also creates vulnerability if support fails, as concentrated long exposure could trigger rapid unwinding. Price Action At the time of writing, SHIB trades around $0.000007311, reflecting modest 0.8% gains in the last 24 hours. The token recently declined from the $0.0000078 zone into the low $0.0000070s before entering a range-bound phase. The current price behavior resembles a base formation rather than trending action. SHIB price chart, Source: CoinMarketCap

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