Shiba Inu whales have been seen moving a large amount of SHIB on-chain once again. These movements come at a time when the price of the meme coin is on the rise, raising concerns about whether these large holders have decided to start selling their large stacks of coins. Shiba Inu Whales Start Moving Coins Over the last few days, whale tracker Whale Alert has reported two large Shiba Inu transactions carrying a massive amount of coins. The first was reported on October 31 where a single transaction was spotted carrying over 4.47 trillion SHIB worth $35.35 million at the time. Related Reading: XRP Price Prediction: Crypto Analyst Says Price Will Jump To $0.9 The next transaction came a day later on Wednesday, November 1, where another transaction carrying a large amount of SHIB was recorded. This transaction was similar to the first in that it was carrying 4.46 Trillin tokens. The dollar figure was however a little lower at $33.9 million at the time of the transaction. These two transactions were some of the largest transactions so far for the coin ..
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