This Tuesday, it was revealed that a long-dormant SHIB whale transferred a total of 349 billion tokens to the Bitget exchange. The operation, executed from the address “0xa145Bd8C9E,” was reported by several analysts after noting that this major investor woke up from a slumber of over a year to move approximately 30% of their Shiba Inu holdings.

This massive flow of liquidity, valued at approximately $2 million, represents a red flag for the market due to the magnitude of the assets involved. The impact is significant, as moving funds from private wallets to exchanges often precedes an immediate liquidation, which could increase selling pressure on SHIB’s price in the short term.

Investors will now keep a close watch on Bitget’s activity, as well as the remaining balance in the wallet, which still holds over 371 billion SHIB. Furthermore, it will be crucial to observe whether this investor decides to move their primary position in PEPE, which would confirm a total restructuring of their digital asset portfolio.

Source: https://goo.su/X4EE

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Filed under: News - @ February 25, 2026 12:26 am