New information reveals that bankrupt crypto lender Voyager Digital simply moved lots of of billions of meme token Shiba Inu (SHIB) from Coinbase.
In response to the blockchain-tracking platform Lookonchain, Voyager’s most up-to-date sell off consists of the liquidation of 400 billion SHIB price about $4.4 million.
Along with the massive SHIB transaction, Voyager additionally unloaded 27,255 Ethereum (ETH) valued at $42 million, 11 million Voyager Token (VGX) valued at $6.3 million and 160,000 Chainlink (LINK) valued at $1 million.
“Voyager retains promoting belongings! Voyager bought $56 million price of belongings prior to now 24 hours, together with:
- 27,255 ETH ($42 million)
- 11 million VGX ($6.3 million)
- 400 billion SHIB ($4.4 million)
- 160,000 LINK ($1 million)”
Lookonchain additionally notes that Voyager simply acquired whole of 33,700,000 USD coin (USDC) from Wintermute Buying and selling, Binance US and Coinbase.
The blockchain-tracking platform provides a listing of the $757.8 million price of belongings Voyager nonetheless has readily available, together with a complete of 459.8 million USDC.
“Voyager presently holding $757.8 million price of belongings, together with:
- 459.8 million USDC
- 102,306 ETH ($157.7 million)
- 122.4 million VGX ($61.7 million)
- 4 trillion SHIB ($44.2 million)
- 1.28 million LINK ($8.5 million)
- 8.95 million MANA ($4.9 million)
- 6.6 million FTM ($2.4 million)
- 454,805 APE ($2 million)
- 3.44 million SAND ($2 million)
- 3.9 million ENJ ($1.55 million)
Voyager has performed comparable transactions in latest weeks. Different notable ones embody shifting 250 billion SHIB price about $3.4 million to Coinbase and shifting 15,000 Ethereum price $25.3 million to each Coinbase and Binance, the world’s largest crypto trade platform by quantity.
Final July, Voyager was pressured to close down buyer withdrawals and deposits after crypto agency Three Arrows Capital was unable to pay again a mortgage price lots of of hundreds of thousands of {dollars}.
Voyager ultimately filed for chapter and got here to an settlement to promote its belongings and switch its prospects to Binance.US. The deal is just not but ultimate, but it surely simply cleared one massive hurdle after U.S. Chapter Choose Michael Wiles authorised the deal, in response to Reuters.
Shiba Inu is buying and selling for $0.0000100 at time of writing.
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