Sources revealed earlier today that the developer of Shiba Inu, a virtual currency themed after the well-known dog breed, has an intriguing-sounding Openasea account name. According to the sources, the account is directly linked to the founder’s wallet via an exchange deposit.
The Opensea account dubbed “Alameda” has recently sparked much attention and debate among cryptocurrency aficionados. Moreover, Conor, Coinbase’s director, fueled the fire by implying on Twitter that the Shiba Inu Founder’s Opensea account has even more remarkable details, fueling even more skepticism.
Shiba Inu founder’s Opensea account under scrutiny
Conor’s research revealed that the mystery Shiba Inu inventor, Ryoshi, issued two transactions to a Bitkub deposit address in 2020 and 2021. However, reports acknowledge that Ryoshi might not have understood that Bitkub does not produce an entirely distinct bank address for every trade.
As a result, Conor linked the Bitkub addresses, which he claimed included various digital products. Although the reason behind Ryoshi’s choice of this handle is unknown, some speculate that it was caustic or humorous.
ALAMEDA and SHIB’s murky past
Sources indicate that Ryoshi’s Opensea account, ALAMEDA, may have a deeper connection to the Shiba Inu community than initially thought. This is evident as of Oct. 27, when the most prominent Shiba Inu farmer sent $107 million worth of SHIB to several exchanges, including FTX, Huobi, Binance, and OKX.
Coincidentally, one exchange had just expanded SHIB perpetual contracts simultaneously, leading some to speculate that there may have been insider trading involved.
Moreover, some have speculated that this transaction played a role in the subsequent decline in SHIB’s value, which plummeted after reaching its all-time high on the same day and has yet to recuperate.
In conclusion, crypto enthusiasts are concerned about the enigma surrounding the inventor of Shiba Inu’s Opensea account and its connection to his wallet. The relationship between SHIB and Alameda also strengthens the idea that Ryoshi was implicated in the SHIB market’s rise and fall.
Nevertheless, as additional information emerges, we may better understand Ryoshi’s ambitions and position in the bitcoin sector.
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