Shiba Inu Whale Shibtoshi Turned 37 ETH Into $5 Billion With SHIB: Here’s What Happened Next
Shiba Inu (CRYPTO: SHIB) whale Shibtoshi, known for his mysterious persona and gold-themed public mask, has risen to prominence in the crypto world.
Operating mostly under a veil of anonymity, he shared his story of turning 37 ETH into a multi-billion-dollar Shiba Inu fortune while navigating the volatile world of cryptocurrency.
Turning 37 ETH Into $5.7 Billion In Shiba Inu
Shibtoshi’s crypto journey began in 2011 after a poker game in Las Vegas led to his first Bitcoin purchase.
By 2020, he had shifted focus to meme coins, buying into Shiba Inu shortly after its launch on Aug. 1, 2020.
Using just 37 ETH, worth about $12,765 at the time, he accumulated 104 trillion tokens, which peaked at a value of $5.7 billion.
However, Shibtoshi explains that such large holdings present liquidity challenges.
“I wasn’t going to be able to offload that all in one …
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