#Bubblemaps recently uncovered a #ShibaInu whale holding an astounding $2.5 billion in $SHIB across 150 addresses, which together represent 10% of the total supply. This whale’s journey began in August 2020, when they purchased 103 trillion SHIB (10% of the supply at the time) for just 38 ETH—around $10,000. Fast forward to today, and that same 103 trillion SHIB worth over $2.5 billion, marking one of the most incredible trades in cryptocurrency history with a return of 250,000x.
As $SHIB’s price soared, the whale’s holdings grew, peaking at over $5 billion in a single address. To mitigate risk and likely maintain anonymity, the whale split their holdings into 14 addresses in November 2021. By 2023, these holdings had expanded across roughly 150 addresses, making this massive stake in SHIB early impossible to overlook. Remarkably, the whale has maintained control of 10% of the SHIB supply since their first purchase, a rare feat in the world of cryptocurrency.