Bitget Sees Major Shiba Inu Whale Transfer: 370 Billion SHIB Move Sparks Market Watch

On February 24, 2026, a significant transaction involving the Shiba Inu (SHIB) cryptocurrency captured the attention of the digital asset market. A single entity, commonly referred to as a 'whale' due to the size of its holdings, transferred a staggering 370 billion SHIB tokens to the Bitget exchange. This movement, valued at millions of dollars, has immediately raised concerns among investors and analysts about potential near-term selling pressure and increased volatility for the popular meme coin. Large-scale transfers from private wallets to centralized exchanges like Bitget are often interpreted as a precursor to a sale, as holders typically move assets to trading platforms to execute sell orders. The sheer volume of this transfer—370 billion tokens—represents a substantial portion of circulating supply that could impact market liquidity and price discovery if liquidated rapidly. Consequently, market watchers and SHIB investors are closely monitoring order book depth and trading volume on Bitget for signs of distribution. This event underscores a recurring theme in cryptocurrency markets: the outsized influence of major holders on asset prices, particularly for tokens with concentrated ownership. While the whale's intent remains speculative—possibilities range from profit-taking and portfolio rebalancing to preparing for a leveraged position—the market's reaction is often anticipatory. Such movements can trigger a cascade of sentiment-driven trading from retail investors fearing a dump, thereby creating the very volatility that was anticipated. For Bitget, this transaction highlights its role as a key liquidity venue for major holders. The exchange's ability to handle large inflows without significant slippage will be tested, and its market depth will be under scrutiny. Looking forward, while whale movements can induce short-term fear, they also contribute to necessary market cycles of redistribution and can present buying opportunities for long-term believers once the selling pressure is absorbed. The SHIB community and broader market will be watching Bitget's charts closely in the coming days to gauge the whale's next move and the resilience of SHIB's current price level.

Shiba Inu Whale Moves 370 Billion SHIB to Bitget, Sparking Sell-Off Fears

A significant Shiba Inu holder transferred 370 billion SHIB tokens to Bitget in a single transaction, raising concerns about potential selling pressure. The move, observed on February 24, could introduce near-term volatility for the meme coin.

Large whale movements often precede market shifts. This transfer, equivalent to millions of dollars, suggests a possible strategic repositioning. Market watchers are monitoring for cascading effects across the meme coin sector.

Bitget Wallet Integrates Apple Pay for Instant Crypto Purchases

Bitget Wallet has become the first non-custodial wallet to integrate native Apple Pay support, enabling instant cryptocurrency purchases directly from Apple devices. The feature eliminates redirects, allowing one-tap transactions via iPhone, Apple Watch, and other Apple products while maintaining secure card storage.

A limited-time promotion waives fees for USDT and USDC purchases in USD/EUR through April 30, with transactions capped at €200. The move significantly lowers barriers to entry for retail investors seeking exposure to digital assets.

The integration marks a strategic push for mainstream adoption, combining Apple's ubiquitous payment infrastructure with Bitget's crypto expertise. Discounts of 50% on major tokens accompany the launch, further incentivizing first-time buyers.