Bankrupt crypto lender Voyager shifts large quantities of Shiba Inu cash (SHIB) and Ethereum (ETH) to Coinbase.
Bankrupt crypto lender Voyager has transferred over $5 million of its property to San Francisco-based trade Coinbase.
In a tweet shared at present by Wu Blockchain, Voyager transferred a whopping 1,500 models of ETH ($2.77 million) and 250 billion models of SHIB ($2.7 million) to Coinbase.
Bankrupt crypto agency Voyager transferred 1,500 ETH ($2.77 million) and 250 billion SHIB ($2.7 million) to Coinbase. Moreover, Voyager is transferring all remaining tokens to the principle handle. There are presently about $81.63 million price of cryptocurrency in Voyager addresses.…
— Wu Blockchain (@WuBlockchain) August 12, 2023
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Notably, the mixed worth of the crypto property moved by Voyager is price $5.47 on the time of the report.
Voyager Strikes Its Property to Primary Handle
Whereas the latest switch could seem substantial, it’s nothing in comparison with Voyager’s in depth crypto portfolio.
Wu Blockchain stated Voyager just lately moved its remaining tokens to the principle handle. Per the media outlet, Voyager nonetheless holds numerous crypto property valued at round $81.63 million.
Voyager’s Previous Transfers of ETH & SHIB
It bears mentioning that Voyager has been transferring enormous quantities of its property to Coinbase because it filed for chapter. As reported by the Crypto Fundamental in March, Voyager shifted 250 billion SHIB (price round $3 million) to Coinbase.
As well as, the crypto lender additionally moved 17,000 ETH and 12 million Voyager tokens (VGX) in numerous transactions. In an analogous growth, PeckShield reported that Voyager transferred 250B SHIB and 15K ETH to Coinbase in February.
#PeckShieldAlert Voyager has transferred $28.7M price of cryptos to crypto-exchanges, together with 15k $ETH ($25.3M) to BinanceUS & Coinbase ($ETH at $1,675) & 250B $SHIB ($3.4M) to Coinbase
Voyager obtained 105k $ETH ($ETH at $1,559 on the day of switch) from FTX on seventh Sep. 2022 https://t.co/WiFFMRgQr0 pic.twitter.com/qw0uYvXNka— PeckShieldAlert (@PeckShieldAlert) February 16, 2023
As reported earlier, Voyager bought a whopping 5.62 trillion SHIB cash between February and March 2023. Whereas Voyager sells most of its property on Coinbase, the crypto lender additionally makes use of Binance.US and Wintermute.
SHIB & ETH Costs Soar Regardless of Voyager’s Transfers
It’s price noting that the latest transfers didn’t negatively impression SHIB and ETH costs. On the time of scripting this line, Ethereum is up 1%, buying and selling round $1,848.
Alternatively, Shiba Inu has risen over 9% over the previous 24 hours, altering arms at $0.00001091.
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Disclaimer: This content material is informational and shouldn’t be thought-about monetary recommendation. The views expressed on this article could embody the writer’s private opinions and don’t mirror The Crypto Fundamental’s opinion. Readers are inspired to do thorough analysis earlier than making any funding selections. The Crypto Fundamental shouldn’t be chargeable for any monetary losses.
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