Key Points
- A Shiba Inu whale holds virtually $2.5 billion in SHIB, 10% of the provision, throughout 150 addresses.
- On-chain information reveals the whale’s complete story with SHIB.
On-chain info reveals that there’s a Shiba Inu whale who’s at present holding $2.5 billion in SHIB, which represents 10% of the whole provide of the coin. The whale holds SHIB throughout 150 addresses, and his complete story was detailed by way of X by Bubblemaps.
SHIB Whale’s Complete History
SHIB token was launched on July 31, 2020, permitting everybody to affix in. At the time, the deployer handle (0xb8f2) owned virtually 50% of the whole provide.
SHIB Whale Bought 10% of Total Supply in 2020
The similar on-chain information exhibits that between August 1 and October 7, 2020, a brand new participant (0x1406) entered the scene, and purchased 103 trillion SHIB, representing 10% of the provision for simply 38 ETH.
Back then, 38 ETH had been valued at $10,000, and right this moment, 103 trillion SHIB tokens are value over $2,47 billion. This is probably the best commerce in historical past, bringing features of round 250,000x.
His features grew considerably since he started accumulating SHIB through the three months.
As the value of SHIB surged, the whale’s bag was ultimately value $5 billion and all the quantity was in a single handle. However, to remain secure, he break up the quantity into 14 addresses in November 2021.
Bubblemaps discovered the whale’s cluster and made a thread about it again in January 2023. Back then, they famous that the whale’s cluster of wallets didn’t transfer, didn’t purchase or promote, or switch funds. The wallets remained dormant because the cluster was fashioned.
Splitting Holdings From 14 Addresses into 150 Addresses
The subsequent transfer of the SHIB whale was to separate his holdings from 14 addresses into 150 addresses. These don’t present up on the default bubble map, however with Magic Nodes, his exercise can’t be missed.
The whale continues to carry the overwhelming majority of its holdings since its first buy in 2020, having 10% of the whole SHIB provide.
