Blockchain Data Reveals Financial Link Between SHIB Deployer and Shibinhood
A recent review of blockchain data has uncovered a connection between the deployers of Shiba Inu (SHIB) and Shibinhood's WOOF token. The analysis found two separate transaction paths that both ended at the same wallet, sparking discussion about possible ties between the two projects.
The original SHIB deployer wallet, 0xB...A08, launched the SHIB token in August 2020 and currently holds over $7.5 million in assets across five blockchain networks, including approximately 50 million SHIB tokens. The wallet that deployed WOOF on Robinhood Chain is 0xe...6C4.
Blockchain records reveal two different transaction routes connecting these wallets. One route involves a direct token transfer, while the other follows a three-step ETH funding trail. Despite taking different paths, both transactions reached the same WOOF deployer wallet within a 35-day period in summer 2020, suggesting a non-random connection.
The first transaction occurred on July 24, 2020, when the SHIB deployer sent 200 KARMA tokens directly to 0xe...6C4. This transfer happened just two days after the Shiba Inu deployer completed its first recorded interaction with Karma DAO and weeks before SHIB's official launch.
A second transaction route further confirms the link, involving a three-step ETH funding trail that ended at the same WOOF deployer wallet within five weeks. The blockchain data does not reveal who currently controls the wallets, as it cannot identify individuals behind them. However, the evidence suggests a financial connection between the SHIB deployer network and the WOOF launch wallet.