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Inside the 95 Trillion Shiba Inu Coin Wallet: Massive 800 Billion Transfer Sparks New Ryoshi Identity Speculation
TL;DR
A wallet controlling over 16% of Shiba Inu's total supply transferred 800 billion SHIB to CoinMENA, raising speculation about its owner, possibly Ryoshi. This transfer, worth $4.9 million, is seen as profit-taking rather than a panic sell.
Key points
- Wallet controls over 16% of Shiba Inu's total supply
- 800 billion SHIB transferred to CoinMENA
- Transfer valued at $4.9 million
- Speculation about ownership by Ryoshi
- Wallet's value dropped to $588 million
Mentioned in this story
RyoshiCoinMENA
Against the backdrop of stagnation in the Shiba Inu coin price, attention is focused on fund movements in a wallet that controls more than 16% of the token's total supply. For the first time in a long while, this "sleeping" giant showed activity, transferring 800 billion SHIB to the CoinMENA exchange.
This address, marked as '$13752购买103万亿枚SHIB' on Arkham, is an anomaly even by crypto market standards. In 2020, the owner bought 103 trillion SHIB for just $13,700, which is either the most successful deal in the history of meme coins or some kind of insider play, since at the 2021 peak his holdings were valued at $9.1 billion.
Why the biggest individual SHIB holder is finally moving tokens
Despite the fact that the current market value of his assets has dropped to $588 million, he still holds 16.2% of the total SHIB supply, and the recent transfer of $4.9 million is only 0.8% of his current holdings. This does not look like a panic dump, but rather a one-time profit-taking or liquidity provision.
According to popular theories, this wallet belongs to the project's creator, Ryoshi, who mysteriously left the project in May 2022, but there is no direct proof of this connection. Ryoshi's ideology was always based on a complete refusal of control over the project, while the concentration of 16% of all tokens in one hand makes this investor a "gray cardinal" of the ecosystem.
$13752购买103万亿枚SHIB Holdings, Source: Arkham
Technically, this could be either a "super-early" private investor or an internal wallet associated with market makers. However, the concentration of such a volume of coins (every sixth coin in existence) in one hand creates a constant risk for market liquidity.
As of the end of April 2026, the situation around Shiba Inu (SHIB) looks like this: the price is holding within a narrow range around $0.000006, without showing explosive growth. Nevertheless, after an 84% drop since December 2024, SHIB has still recovered 20% over the past two months.
Q&A
Who is the owner of the Shiba Inu wallet that transferred 800 billion SHIB?
The wallet is speculated to belong to Ryoshi, the creator of Shiba Inu, although there is no direct proof of this connection.
What was the significance of the 800 billion SHIB transfer to CoinMENA?
The transfer signifies a rare activity from a wallet that holds 16.2% of the total SHIB supply, indicating potential profit-taking or liquidity provision.
How much was the Shiba Inu wallet worth before the transfer?
Before the transfer, the wallet's assets were valued at approximately $588 million, down from a peak of $9.1 billion in 2021.
