Shiba Inu News Today: Holders Near 1.7M as SHIB Breaks Downtrend

Pravin Bisen
Pravin Bisen
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Shiba Inu News Today: SHIB breaks five-year downtrend line

SHIB Nears 1.7 Million Holders as Chart Signal Turns Heads

Shiba Inu News Today brings two updates that traders are watching closely on September 13, 2026. Data shared by BSCNews shows the number of Shiba Inu wallet holders closing in on 1.7 million, while a separate account says the token's chart has broken a downtrend stretching back to October 2021.

The holder figure comes from Etherscan, the blockchain explorer used to track on-chain wallet activity. The technical view comes from an account called SHIB Knight on X, dated September 13, 2026. Together, the two updates point to renewed attention on the meme coin sector this week.

Holder Growth Tracked Through Etherscan Data

According to this Shiba Inu News Today update, BSCNews data dated September 12, 2026, puts the number of holders at roughly 1.689 million. 

A holder, in this context, means a unique wallet address that has held some amount of the asset. The figure has grown steadily over the past two weeks.

Key points from this part of the Shiba Inu News Today coverage include:

  1. Wallet count stands near 1.689 million addresses

  2. Growth has been steady across a two-week stretch

  3. The 1.7 million mark is now within close reach

BSCN X post showing Shiba Inu holders details

Source: BSCN X Post

Five-Year Downtrend Line Breaks on the Chart

This part of the Shiba Inu News Today coverage turns to price action rather than wallet counts. A separate update from the SHIB Knight account, shared on September 13, 2026, shows a downward-sloping line on the SHIB/USDT pair that the account says has held since October 2021. 

The image marks this as nearly five years of resistance, a term used for a level that an asset has struggled to move beyond for a long stretch.

The update says the token has now moved above that line. It frames this as a notable technical shift, though it reflects one account's reading of the chart rather than confirmed market data. 

X Post showing SHIB details

Source: SHIB Knight X Post

Note: No target figure or guaranteed outcome was stated, and readers should treat it as one trader's view rather than a project announcement.

Market Snapshot at the Time of Writing

Figures tied to this Shiba Inu News Today report show the following data on September 13, 2026. SHIB is trading with a slight pullback over the past 24 hours, while its market cap remains above the $3 billion mark despite the recent price dip.

Metric

Figure

Value

$0.0000005207

24H Change

-1.3%

Market Cap

$3.068 billion

24H Trading Volume

$56.728 million

Circulating Supply

589.239 trillion

Total Supply

589.496 trillion

Trading volume near $56.7 million over the past day suggests moderate market activity around SHIB, even as the broader price trend stays under pressure in the short term.

CoinGecko Data showing Shiba Inu price and details

Source: Coingecko Data

Note: Numbers can move quickly, so these figures may not match the latest reading. Readers should check a live tracker for current data before acting on it.

Expert Take

The wallet growth update and the chart post are two separate signals and should be read that way. The rise in addresses tracked on Etherscan points to steady, measurable interest over recent weeks. 

The trend line break shared by SHIB Knight is a technical read tied to a single account and has not been confirmed by any official project channel or by independent market data providers. 

Anyone following this Shiba Inu News Today report should treat wallet growth and chart patterns as two separate data points rather than one combined signal about where the asset heads next. Meme coin markets can also move fast in either direction, so a broken trend line on its own does not confirm a sustained move.

Conclusion

This Shiba Inu News Today report brings together two separate updates: a wallet count nearing 1.7 million tracked on Etherscan and a technical chart post pointing to a broken five-year downtrend. Both are worth following, though neither confirms a specific outcome for the asset going forward.

YMYL Disclaimer: This article is for general information only and is not financial advice. It does not offer price predictions or any guarantee of returns. Readers should do their own research before making any decisions related to SHIB or any other digital asset.

Pravin Bisen

About the Author Pravin Bisen

English News Writer at coingabbar.com

Pravin Bisen writes about crypto for CoinGabbar, combining three years of industry experience, including direct crypto exchange operations, with data-driven research. His coverage spans tokenomics, presale research, and market analysis, always sourced from verified project data rather than market speculation to help readers form their own conclusions.

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