The bankrupt lender nonetheless holds 3.1 trillion Shiba Inu (SHIB) tokens and 39,113 Ethereum (ETH).
Bankrupt crypto lender Voyager has acquired as much as $610 million price of USDC in two separate addresses prior to now month. These funds come from the lender’s elaborate selloff marketing campaign which entails a number of belongings resembling Shiba Inu (SHIB), Ether (ETH), and Voyager Token (VGX).
Most just lately, Voyager’s major handle transferred out $150 million price of the acquired USDC tokens to Circle in alternate for money, as highlighted by the blockchain surveillance system Lookonchain immediately.
Voyager transferred 150M $USDC to #Circle for USD money 6 hrs in the past.
2 addresses of #Voyager acquired a complete of ~610M $USDC by promoting tokens like $ETH, $VGX, $SHIB, and so forth. prior to now month.https://t.co/sr3B5YFJDa pic.twitter.com/OYe4K7w5Rb
— Lookonchain (@lookonchain) March 29, 2023
Recall that The Crypto Primary known as consideration to Voyager’s persistent selloff marketing campaign earlier this month. The lender had dumped a whopping 5.62 trillion Shiba Inu tokens ($67.5 million) on the time of the final report. Furthermore, Voyager had acquired as much as $407 million price of USDC from its selloff until March 10; now, this determine has elevated to $610 million throughout two addresses.
On the time of the earlier report, Voyager had a stability of as much as 3.87 trillion Shiba Inu tokens in its major handle. The handle holds 3.103 trillion tokens, indicating that the lender has offloaded a further 767 billion SHIB because the final report on March 10.
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Two of probably the most important transactions concerned 270 billion SHIB on March 14 and 290 billion SHIB on March 15. Voyager has additionally acquired hundreds of thousands of USDC in a number of batches from Coinbase and Binance.US. Its complete USDC holdings now quantity to $480 million following the current $150 million USDC outflow.
Binance.US and Voyager Acquisition Deal on Maintain
The bankrupt lender has continued its selloffs regardless of the greenlight given to Binance.US by Choose Michael Wiles earlier this month, permitting the alternate to maneuver Voyager’s belongings within the $1.3 billion acquisition deal.
However, It is very important notice {that a} federal decide just lately briefly put the acquisition deal on maintain to offer the federal government extra time to deal with the a number of appeals towards the deal. A number of watchdogs, together with the DoJ chapter unit, New York regulators, and the SEC, have filed appeals difficult the deal.
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