$2.5 Billion Mega Shiba Inu (SHIB) Whale Revealed: Could This Be Ryoshi?

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class="article__author-img" /> <div class="article__author-name">Gamza Khanzadaev</div> </a> <div class="article__author-desc">Mysterious Shiba Inu (SHIB) whale controlling $2.5 billion — 10% of the total supply — sparks speculation of ties to enigmatic meme cryptocurrency leader, Ryoshi</div> </div> <div class="article__wrap"> <div class="article__sticky"> <div class="share share--sticky"> <button class="btn--light share__btn" aria-label="Share btn"></button> <a class="share__link share__link--x" href="#" onClick='gEvent("twitter","shareSlide");window.open("https://twitter.com/intent/tweet?url=https://u.today/25-billion-mega-shiba-inu-shib-whale-revealed-could-this-be-ryoshi&text=$2.5 Billion Mega Shiba Inu (SHIB) Whale Revealed: Could This Be Ryoshi?", "Twtitter Sharing", "width=1200,height=600");return false;' title="Share to X"></a><a class="share__link share__link--fb" href="#" 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Could This Be Ryoshi?")' title="Share to Telegram"></a> <button class="btn--light share__link share__link--copy" onclick='gEvent("copy","shareSlide");copyToClipboard(this)' aria-label="Copy link"></button> </div> </div> <div class="article__body"> <div class="article__main"> <div class="article__main-head"> <div class="article__short"> <div class="humble article__short-humble"> <div> <a href="/latest-cryptocurrency-news" hreflang="en">News</a> </div> </div> <div class="humble article__short-humble"> Wed, 20/11/2024 - 12:37 </div> </div> <div class="article__main-btns"> <div class="article__fontSize"> <div class="btn--light article__fontSize-toggle"></div> <div class="article__fontSize-menu"> <div class="article__fontSize-item"> <div class="article__fontSize-btn" data-size="article-small"></div> </div> <div class="article__fontSize-item"> <div class="article__fontSize-btn" data-size="article-medium"></div> </div> <div class="article__fontSize-item"> <div class="article__fontSize-btn" data-size="article-large"></div> </div> </div> </div> <div class="article__listen"> <audio class="article__listen-audio" src="/tts/?page=59880" preload="none"></audio> <button class="btn--light article__listen-btn" aria-label="Play/pause audio"></button> </div> </div> </div> <div class="article__img--wrap"> <img class="article__img" src="/sites/default/files/styles/736/public/2024-11/54059.jpg" alt="$2.5 Billion Mega Shiba Inu (SHIB) Whale Revealed: Could This Be Ryoshi?"> </div> <figcaption title="https://www.freepik.com/ai">Cover image via <a href="https://www.freepik.com/ai">www.freepik.com</a></figcaption> </div> <div class="article__gnews"> <a class="article__gnews-body" href="https://news.google.com/publications/CAAqBwgKMMy2lQsw3ZqrAw?hl=en-US&gl=US&ceid=US:en" target="_blank"> <div class="article__gnews-text">Read U.TODAY on</div> <div class="article__gnews-title">Google News</div> </a> </div> <div class="article__content"> <p dir="ltr">A detailed analysis by blockchain analytics platform <a rel="nofollow" target="_blank" href="https://x.com/bubblemaps/status/1858919223919083798">Bubblemaps</a> has revealed the existence of a <a href="https://u.today/major-shiba-inu-shib-investors-offload-trillions-amid-uncertainty">Shiba Inu (SHIB)</a> whale holding $2.5 billion worth of the meme-inspired cryptocurrency. This entity, which manages 10% of SHIB's total supply, operates from approximately 150 addresses, leading to speculation about its identity and origin.</p><p dir="ltr">Shiba Inu was launched on July 31, 2020, as a fair launch project with equal opportunities for participation. At launch, the deployer wallet, which was 0xb8f2, held approximately half of the total supply. </p><p><div class="article__related"> <div class="article__related-flame">Related</div> <div class="category-item"><a class="category-item__img-wrapper" href="https://u.today/major-shiba-inu-shib-investors-offload-trillions-amid-uncertainty"><img alt="Major Shiba Inu (SHIB) Investors Offload Trillions Amid Uncertainty" class="category-item__img" src="https://u.today/sites/default/files/styles/300/public/2024-11/54057.jpg" width="240" height="136"></a> <div class="category-item__info"> <div class="category-item__head humble__row"> <div class="humble humble--time">Tue, 11/19/2024 - 15:32</div> </div><a class="category-item__title-link" href="https://u.today/major-shiba-inu-shib-investors-offload-trillions-amid-uncertainty"> <div class="category-item__title">Major Shiba Inu (SHIB) Investors Offload Trillions Amid Uncertainty</div></a> <div class="category-item__footer"><a class="humble humble--author" href="/gamza-khanzadaev"><img class="humble__img" src="https://u.today/sites/default/files/styles/130x/public/2022-05/14693.jpg" alt="Gamza Khanzadaev">Gamza Khanzadaev</a></div> </div> </div> </div></p><div class="hot"> <div class="hot__head"> <div class="hot__title">HOT Stories</div> <a rel="nofollow" target="_blank" class="btn btn--light hot__btn" href="/hot-stories" title="Go to Hot stories"> </a> </div> <div class="hot__body"> <a href="https://u.today/sec-predicted-to-drop-ripple-case-by-former-cftc-chair" class="hot__col"> <div class="hot__col-name">SEC Predicted to Drop Ripple Case by Former CFTC Chair </div> </a> <a href="https://u.today/dogecoin-doge-at-make-or-break-point-key-level-to-watch" class="hot__col"> <div class="hot__col-name">Dogecoin (DOGE) at Make or Break Point: Key Level to Watch</div> </a> <a href="https://u.today/mstr-to-bring-544-million-to-shareholders-each-day-thanks-to-bitcoin-michael-saylor-says" class="hot__col"> <div class="hot__col-name">MSTR to Bring $544 Million to Shareholders Each Day Thanks to Bitcoin, Michael Saylor Says</div> </a> <a href="https://u.today/bitcoin-to-hit-10-million-after-01-million-samson-mow-insists" class="hot__col"> <div class="hot__col-name">Bitcoin to Hit $1.0 Million After $0.1 Million, Samson Mow Insists</div> </a> </div> </div><p dir="ltr">However, between August and October 2020, another major player appeared on the scene: "0x1406." This address got its hands on 103 trillion SHIB tokens — that is, 10% of the supply — for just 38 ETH, which was worth only $10,000 at the time. <a href="https://u.today/55-trillion-shiba-inu-shib-to-be-activated">SHIB</a> has seen a meteoric rise, and that initial investment has grown by 25,000,000%, now worth over $2.5 billion.</p><div class="something"> <div class="something__title">Advertisement</div> <div class="something__nav"> <button class="btn btn--light something__close" aria-label="Close ad"></button> </div> <div class="something__content"> <div class="something__content--long">  <ins class="adsbygoogle" style="display:inline-block;width:728px;height:200px" data-ad-client="ca-pub-9245916885225528" data-ad-slot="3561648781"></ins> </div> <div class="something__content--square">  <ins class="adsbygoogle" style="display:inline-block;width:300px;height:600px" data-ad-client="ca-pub-9245916885225528" data-ad-slot="2056995427"></ins> </div> </div> </div><div class="raw-html-embed"><blockquote class="twitter-tweet" data-conversation="none"><p lang="en" dir="ltr" xml:lang="en">8/ It’s remarkable to see this whale still holding the vast majority of his <a rel="nofollow" target="_blank" href="https://twitter.com/search?q=%24SHIB&src=ctag&ref_src=twsrc%5Etfw">$SHIB</a> holdings since his first purchase—10% of the total supply!<a rel="nofollow" target="_blank" href="https://t.co/Ly533AGw8M">https://t.co/Ly533AGw8M</a> <a rel="nofollow" target="_blank" href="https://t.co/ulsBZwgbmI">pic.twitter.com/ulsBZwgbmI</a></p>— Bubblemaps (@bubblemaps) <a rel="nofollow" target="_blank" href="https://twitter.com/bubblemaps/status/1858919764258635800?ref_src=twsrc%5Etfw">November 19, 2024</a></blockquote> </div><p dir="ltr">The activity in the wallet shows how the assets are being strategically managed. As the value of SHIB skyrocketed to $5 billion, "0x1406" consolidated its holdings into one address before splitting it into 14 separate addresses in November 2021. </p><h2 dir="ltr">Could it be Ryoshi?</h2><p dir="ltr">Later, the holdings were split into about 150 addresses, a way of trying to reduce risk and perhaps keep things anonymous. Bubblemaps pointed out that these transactions are easy to spot with the right blockchain visualization tools, even if they do not show up on standard bubble maps.</p><p><div class="article__related"> <div class="article__related-flame">Related</div> <div class="category-item"><a class="category-item__img-wrapper" href="https://u.today/shiba-inu-shib-whales-strategy-revealed-heres-what-major-investors-are-doing-right-now"><img alt="Shiba Inu (SHIB) Whales' Strategy Revealed: Here's What Major Investors Are Doing Right Now" class="category-item__img" src="https://u.today/sites/default/files/styles/300/public/2024-11/54019.jpg" width="240" height="136"></a> <div class="category-item__info"> <div class="category-item__head humble__row"> <div class="humble humble--time">Mon, 11/18/2024 - 14:36</div> </div><a class="category-item__title-link" href="https://u.today/shiba-inu-shib-whales-strategy-revealed-heres-what-major-investors-are-doing-right-now"> <div class="category-item__title">Shiba Inu (SHIB) Whales' Strategy Revealed: Here's What Major Investors Are Doing Right Now</div></a> <div class="category-item__footer"><a class="humble humble--author" href="/gamza-khanzadaev"><img class="humble__img" src="https://u.today/sites/default/files/styles/130x/public/2022-05/14693.jpg" alt="Gamza Khanzadaev">Gamza Khanzadaev</a></div> </div> </div> </div></p><p dir="ltr">The report shows that "0x1406" has managed its wallet in a sophisticated way and has remained calm under pressure. It appears that the wallet has maintained most of its SHIB holdings since the beginning. </p><p dir="ltr">Speculation has arisen that this wallet may belong to Ryoshi, the mysterious creator of <a href="https://u.today/shiba-inu-shib-whales-strategy-revealed-heres-what-major-investors-are-doing-right-now">Shiba Inu</a>, who retired from social media in 2021, mirroring Bitcoin creator Satoshi Nakamoto's approach to anonymity.</p> </div> <div class="article__panel"> <div class="article__tags btns-spacer"> <a class="btn btn--hash-tag" href="/shiba-inu">#Shiba Inu</a> <a class="btn btn--hash-tag" href="/shiba-inu-shib-news">#Shiba Inu (SHIB) News</a> <a class="btn btn--hash-tag" href="/shibarium">#Shibarium</a> </div> </div> </div> </div> <div class="article__author -hr-"> <div class="article__author-label">About the author</div> <a class="article__author-user" href="/gamza-khanzadaev"> <img width="224" height="140" alt="article image" src="https://u.today/sites/default/files/2022-05/14694.jpg" loading="lazy" class="article__author-img" /> <div class="article__author-name">Gamza Khanzadaev</div> </a> <div class="article__author-desc"><p>Financial analyst, trader and crypto enthusiast.</p> <p>Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. 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