The cryptocurrency world thrives on mystery, and few stories are as captivating as that of the Shiba Inu ($SHIB) whale—a single investor who holds 10% of the total SHIB supply. With a $2.5 billion fortune spread across 150 wallets, this whale represents one of the most legendary crypto trades ever.
The Beginning: How It All Started
Launch Date: $SHIB was fairly launched on July 31, 2020, offering equal access to all investors. Deployer Wallet: Initially, the deployer wallet controlled 50% of the token supply, as revealed in Bubble Maps analysis. In August 2020, a mysterious wallet—0x1406—entered the scene. This whale purchased 103 trillion SHIB for just 38 ETH ($10,000).
From $10,000 to $2.5 Billion: The Greatest Crypto Trade Ever
ROI: The whale’s 103T SHIB is now worth $2.5 billion, marking an astronomical 250,000x return. Bull Run Glory: At its peak during the 2021 bull run, these holdings surged to a jaw-dropping $5 billion.
The Whale’s Strategy: Staying Under the Radar
Splitting Assets: In November 2021, as $SHIB hit its all-time high, the whale moved funds into 14 wallets. Further Diversification: Over time, the assets were spread across approximately 150 wallets, a calculated move to minimize risk and avoid attention.
Still Holding 10% of SHIB: Confidence or Risk?
Despite diversifying, this whale continues to hold 10% of the total SHIB supply, a remarkable show of confidence in a memecoin’s potential. Over three years, the whale has stayed steady, showing incredible discipline in one of the most volatile markets.
What’s Next for $SHIB?
This whale’s long-term strategy and massive holdings act as a stabilizing force for SHIB during market volatility. As the ecosystem evolves, the whale’s movements will be closely watched by investors and analysts alike.
Key Takeaways
Historic Trade: 103T SHIB purchased for 38 ETH, turning $10k into $2.5 billion. Smart Diversification: Spread across 150 wallets for safety and discretion. Market Influence: Retaining 10% of SHIB’s supply showcases confidence in its future.
The story of the Shiba Inu whale isn’t just about luck; it’s about timing, strategy, and unwavering belief in $SHIB. With the memecoin’s ecosystem expanding, this whale’s activity will remain a critical point of interest for the crypto world.
