Blockchain detectives uncovered a paper trail connecting the wallet that created Shiba Inu back in 2020 to the one that recently deployed Shibinhood (WOOF) on Robinhood Chain. Two separate transaction routes converge at the same address, raising questions about whether the projects share common backers.
The original SHIB deployer, wallet 0xB…A08, launched the token in August 2020. Today it holds over $7.5 million across five networks, sitting on roughly 50 million SHIB tokens. The WOOF deployer, address 0xe…6C4, only appeared on the scene recently when Robinhood Chain went live on July 1, 2026. That Layer-2 network runs on Arbitrum Orbit infrastructure.
The Direct Token Transfer
The first connection traces to July 24, 2020. The SHIB deployer sent 200 KARMA tokens straight to the wallet that would eventually launch WOOF. This happened just two days after the SHIB deployer first interacted with Karma DAO, which itself launched on July 22. The timing matters because SHIB wasn't public yet. The WOOF deployer wallet already existed and was receiving assets from the SHIB team weeks before the token hit exchanges.
The ETH Funding Route
A second path confirms the link through a three-step ETH chain. On August 9, 2020, the SHIB deployer made its largest single ETH transfer, sending 30 coins to wallet 0x4…806. Two days later that address moved 0.1 ETH to 0x7…4e5. Within a 35-day window across summer 2020, both transaction routes reached the WOOF deployer wallet. Market analysts argue this convergence suggests deliberate coordination rather than coincidence.
This article is informational only and does not constitute financial or investment advice. Always conduct your own research before engaging with any cryptocurrency project or token.
