
Shiba Inu whale Shibtoshi often works through the night, before crashing and sleeping during the day. Little is known of this enigmatic character, who wears a gold-themed mask when in public and is surrounded by a security detail.
When he’s not trading or building, Shibtoshi enjoys hunting and shooting. He posts different videos on X of him shooting machine guns and firing weapons from tanks. That is just what he likes to do to decompress.
He amassed a position in Shiba Inu worth north of $5 billion at times with just 37 ETH — not bad for a man who does not call himself a trader and has never played with stocks and shares. For him, it is pure crypto, and he learned to approach the memecoin casino with a gambler’s mindset and lots of trial and practice.
“The gains are potentially better in crypto even if they are more volatile. I have a gambling background, so I lean into crypto, especially when perpetuals came into existence. It scratched my itch for gambling while at the same time provided me with passive income. Having said that, I’ve had my ass handed to me on many occasions.”
Perpetual futures are derivative contracts without an expiry date, allowing traders to speculate on the underlying asset prices indefinitely.
Shibtoshi gets fired up when his memecoin tanks. (Supplied)
The SquidGrow CEO has now branched out from gambling on meme tokens into crypto utility platforms. He is focused on building, most notably a product called SilentSwap.
“I continue to seek out like-minded individuals in the crypto space to help further develop useful applications for the masses,” he tells Magazine. “If there’s a void in the space in a particular area, how do you fill that void? You build it that way.”
Shibtoshi, Secret Network and SilentSwap
Shibtoshi attends many conferences and has been the main sponsor for a number of DeCC Days across the world this year. DeCC stands for…
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