New information reveals that bankrupt crypto lender Voyager Digital simply moved lots of of billions of meme token Shiba Inu (SHIB) from Coinbase.
Based on the blockchain-tracking platform Lookonchain, Voyager’s most up-to-date dump consists of the liquidation of 400 billion SHIB value 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 offered $56 million value of belongings previously 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 obtained whole of 33,700,000 USD coin (USDC) from Wintermute Buying and selling, Binance US and Coinbase.
The blockchain-tracking platform offers an inventory of the $757.8 million value of belongings Voyager nonetheless has readily available, together with a complete of 459.8 million USDC.
“Voyager at the moment holding $757.8 million value 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 related transactions in current weeks. Different notable ones embody shifting 250 billion SHIB value about $3.4 million to Coinbase and shifting 15,000 Ethereum value $25.3 million to each Coinbase and Binance, the world’s largest crypto alternate 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 value 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 clients to Binance.US. The deal is just not but last, but it surely simply cleared one large hurdle after U.S. Chapter Choose Michael Wiles accepted the deal, in keeping with Reuters.
Shiba Inu is buying and selling for $0.0000100 at time of writing.
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