Someone bought $3,400 of SHIB in August 2020, and it’s now worth $1.55 billion.

An unknown person has bought SHIB 44 times since August 2020 with a maximum purchase value of $3200 and the price has now increased to $1.55 billion today. In total, the total holding of this SHIB bag is 70,200,003,107,594 SHIB, which is $5.63 billion.

User Name “Untraceable”ask questionsWhether the SHIB market has enough liquidity to “support $5.7 billion? If the wallet is sold

According to Etherscan, this anonymous SHIB holder gotbuyThe token was acquired 9 times in August 2020 using Wrapped Ethereum (WETH) worth $3,400 that month.

because the price of SHIB has increased more 94,278,239.8% in the past year, at $0.00008094 at the time of writing. This holder became a crypto billionaire in just one month of August purchase.

According to data from CoinGecko, SHIB’s total market capitalization was $40.3 billion, an increase of 1063 percent. inOver the past 30 days, it has overtaken Dogecoin (DOGE) to become the top ten coins.

At the time of writing, SHIB currently ranks ninth, while DOGE is eleventh with a market cap of $31.6 billion. And this overtaking of DOGE has led people to call Dogecoin a “boomer meme.”

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