Who owns the wallet with $5.7 billion worth of SHIB?

The Shiba Inu tokens that someone bought about 400 days ago for $8,000 are now worth $5.7 billion. The purchase will go down in history as one of the best deals ever, but who is the mysterious merchant who bought the SHIB tokens?


Huge confidence in Shiba Inu

There seems to be an answer to the above question. Data, coupled with statements from an anonymous source, have most likely revealed the mystery trader’s identity.

Analysis site Etherscan shows that the person purchased Shiba Inu (SHIB) tokens for the first time on August 1, 2020. After this initial purchase, the investor acquired many more tokens. Perhaps even more striking is that the investor did not sell any tokens, despite the fact that the SHIB price already started to rise considerably. This suggested that it was a wealthy investor with possible involvement in the project.


Who is the mysterious SHIB investor?

Shiba Inu has many parallels with the rise of Bitcoin. Both have founders operating under a pseudonym, acquiring huge sums of their own cryptocurrencies before seemingly disappearing, or at least trying to.

In the case of Shiba Inu’s founder ‘Ryoshi’, the disappearance does not seem to have been entirely successful. An anonymous source of BeInCrypto states that the mysterious person who manages the wallet with $5.7 billion in SHIB is Neyma Jahan, the founder of Unification.

The source has also provided evidence that there are multiple other parties who also believe that Jahan is the mystery person behind the multi-billion dollar wallet. Jahan is an accomplished founder who has participated in the creation of countless meme tokens and other startups that are also classified as pump-and-dump coins.

Other clues about Jahan also seem to fit the profile. On Jahan’s Twitter account, we can see that he was involved or interested in crypto as early as July 2018. Exactly around the same time that the wallet first became active.

We also know that Jahan’s company, Unification, is still cooperating with Shiba Inu even today. The most recent tweet from the Unification Twitter account on Oct. 15 confirmed that Shiba Inu used Unification’s oracle data to power their NFT sales.

BeInCrypto has reached out to Jahan for comment but has no response at the time of writing.

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