Shiba Inu price drops as whale transfers 370B SHIB to exchange, sparking sell pressure concerns.
ByAinvest
Wednesday, Feb 25, 2026 5:19 am ET1min read
SHIB--
A whale transferred 370 billion Shiba Inu tokens to Binance and Bitget exchanges, raising concerns about potential sell pressure. SHIB is trading near $0.00000601, with short-term support at $0.00000580-$0.00000590 and resistance at $0.00000640 and $0.00000700. Indicators remain cautious, with a negative Awesome Oscillator and limited buying momentum. If the whale sells, pressure on the $0.00000580 support zone could intensify.
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