Shiba Inu ($SHIB) We found ourselves in an interesting position as top Binance users split an almost 50/50 equation on what awaits this token next.
Why whales don’t know about Shiba Inu ($SHIB)
Data from Binance, the world’s largest cryptocurrency exchange, shows that the platform’s top traders (defined as the top 20 users with the highest margin balances) are now showing parity in their positions. Specifically, 48.92% hold short positions and 51.08% hold long positions. This results in an account-based long-short ratio of 1.04.
Looking at positions by size, shorts also have a slight advantage, with 50.05% of top traders’ positions being short compared to 49.95% long. Here, the long-short ratio is 1.
In other words, the top 20 Binance users with the highest margin balances currently have no clearly expressed unidirectional conviction about where the Shiba Inu price is heading.
This is especially interesting considering the historical background of the March token, which dates back to 2024. Shiba Inu rose so much at one point that it ended the month up 145%.
It’s March 1st, two years later. Overall, Binance’s top traders (some long, some short) have no clear bias between them.
From August 2025 onwards, $SHIB has closed in the red each month and is down more than 60% from last summer’s levels, but it may be a rare time for Shiba Inu to have an outlook as bullish as it is bearish.