A Shiba Inu timeline
April 7, 2018. The first activity on the ‘$5.7 billion’ wallet takes place. The address is used multiple times for a series of small Ethereum transfers until activity ceases a few months later on June 12th, 2018.
August 1, 2020. The wallet becomes active once more when a number of trades are made to swap Ethereum for wrapped Ethereum (WETH).
The wallet holder swaps their newly acquired WETH for Shiba Inu. For $56.63 of WETH the wallet holder acquires 70,144,278,680.072 SHIB which is worth around $5 million today. Over the next couple of months, the wallet holder makes multiple repeated purchases of SHIB, adding to their bags.
August 2, 2020. CoinMarketCap data for Shiba Inu begins the day after the wallet holder’s first purchase of Shiba Inu. The CoinMarketCap listing is announced on Twitter at the same time – corroborating the timeline.
Sept 6, 202 The single biggest purchase of Shiba Inu is made by the wallet holder when $3,219 of WETH purchases 24,256,546,086,219.27 SHIB, today worth $1.7 billion.
October 7, 2020. The wallet holder makes their last purchase of Shiba Inu. This time they purchase 20,790,192,060,353.28 SHIB at around $2,000. That SHIB is now valued at $1.5 billion.
February 1, 2021. The official Shiba Inu Twitter account becomes active.
February 7, 2021. Shiba Inu launches a new website.
February 17, 2021. The wallet owner begins the first of their final transfers over the course of the next three months. This time the transfers are outgoing to address 0x0b925b1dc9b9b9709092bbccbfb32f14db81981d. Today, this second wallet holds $86 million Shiba Inu (SHIB).
April 18, 2021. The final outgoing transfer on the ‘$5.7 billion wallet’ occurs, and it then goes dark.
April 20, 2021. The price of Shiba Inu hits a new all-time high of $0.000003768 in the first significant price move since its creation.
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