1/ We found a Shiba Inu whale holding $2.5 billion in $SHIB 🤯
1/ We found a Shiba Inu whale holding $2.5 billion in $SHIB 🤯
He owns 10% of the supply across 150 addresses
Here's his story 🧵 ↓
2/ $SHIB launched on July 31, 2020, as a fair launch, allowing everyone to join in.
Notice the deployer (0xb8f2) owning ~50% of the supply at the time.
3/ Between August and October 2020, a new player entered the scene:
0x1406 purchased 103T $SHIB (10% of the supply) for just 38 ETH.
• At the time, 38 ETH was worth $10k.
• Today, 103T $SHIB is worth over $2.5 billion.
Possibly the greatest trade in history—250,000x!
4/ Watch the bubble of 0x1406 grow as he continued accumulating $SHIB from August to October
5/ As the price of Shiba Inu surged, 0x1406 bag was eventually worth $5B
All of this in ONE address.
To stay safe (and likely under the radar) he split it into 14 addresses in November 2021 👇
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