The most profitable deal in history: I bought 8,000 Shiba Inu coins last year, now worth 5.7 billion
This may be the most profitable personal investment ever: a cryptocurrency investor bought $8,000 worth of Shiba Inu coins last year, which has now become approximately $5.7 billion.According to relevant encrypted wallet data, this series of transactions began in August 2020, when the investor purchased approximately 70 trillion Shiba Inu coins.
Shiba Coins began trading on August 1, 2020. On the same day, the investor made his first purchase and bought 70 billion coins.
According to data from CoinMarketCap, the crypto wallet currently has more than 13% of the total supply of Shiba Inu coins, and the total circulating supply of Shiba Inu coins is 549 trillion.
It remains to be seen whether the holder of these 70 trillion Shiba Inu coins can cash out the Shiba Inu coins he holds without letting the price fall, but he still holds these Shiba Inu coins at present.
In any case, it may take some time to liquidate these assets. The Coinbase platform on which the wallet is located has a daily withdrawal limit of USD 50,000. So it will take 114,000 days to complete the withdrawal, or 312 years.