The famous “meme” cryptocurrency Shiba Inu, which has been on the agenda since its release, has made some people gain a lot while others have lost a lot of money. Last week, we shared with you the codes that show that Tesla will accept payment with Shiba Inu.
A Shiba Inu wallet owner, who started to buy SHIB tokens in early 2020, turned $8000 into $5.7 billion and almost disappeared. The cold wallet, which has been on hold since April, has finally become active again.
Made billions in 19 months
This Shiba Inu wallet was able to turn a small investment into a fortune in about 19 months and ‘topped’ the Shiba Inu. The Shiba billionaire, whose wallet has been reactivated recently, has already transferred approximately 10 trillion SHIB tokens worth $2.7 billion to 4 empty wallets.
After 19 months of waiting, many rumors were also raised about the multi-billionaire user. The most talked about gossip was the claim that the wallet owner could not access the wallet. However, recent transfers have proven that this rumor is false.
When the wallet of the Shiba Inu whale was reactivated, many users began to expect a huge sale. Some users panicked and started selling their tokens. Due to this panic environment, the price of Shiba Inu dropped 11% after the wallet was activated.
It is not yet known whether this whale, which controls 13% of Shiba Inu’s total circulating supply, will sell the tokens.