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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