Voyager Transfers 270 Billion Shiba Inu to Coinbase

The bancrupt cryptocurrency lender, Voyager transferred 270 billion Shiba Inu (SHIB) to Coinbase.

PeckShield, a widely known blockchain safety useful resource, has not too long ago disclosed that Voyager, a crypto lender that filed for chapter beforehand, has transferred $27.7 million price of digital belongings to Coinbase within the final 24 hours. This huge switch contains 270 billion Shiba Inu tokens, valued at $3 million, 17,000 Ethereum (ETH), and 12 million Voyager tokens (VGX).

#PeckShieldAlert Voyager-labeled addresses have transferred ~$27.7M price of cryptos to Coinbase, together with 17k $ETH (~$19M), 12M $VGX (~$4M), 270B $SHIB (~$3M) throughout the final 12 hourshttps://t.co/dpeNxPnzt7 pic.twitter.com/hP17Pdk4Et

— PeckShieldAlert (@PeckShieldAlert) March 15, 2023

Etherscan.io knowledge reveals that Voyager despatched 270,000,000,000 (270B) SHIB, price $3,053,700 ($3.05M), to an unknown pockets earlier than transferring all of them to a Coinbase-associated pockets labeled “Coinbase 10”.

Following the large switch, the pockets related to the bankrupt crypto lending platform, Voyager is left with 3,393,149,342,541 (3.39T) SHIB, price $38,376,519 ($38.37M).

Voyager Present SHIB Holdings

This isn’t the primary time the Voyager moved such a large quantity of Shiba Inu to Coinbase. Previously on February 16^th, Voyager additionally moved 250 billion Shiba Inu tokens valued at $3.4 million to Coinbase. Earlier than this, on February 2^nd, the bankrupt crypto lender transferred 270 billion SHIB in three 90 billion transactions to Coinbase, Kraken, and Binance. US.

As reported earlier by The Crypto Primary, the bankrupt cryptocurrency lender Voyager has offered a whopping 5.62 trillion SHIB, which quantities to $67.54 million, since February. This was achieved via a large distribution marketing campaign utilizing numerous cryptocurrency exchanges, together with Coinbase, Binance.US, and Wintermute, with a lot of the belongings being offered via Coinbase.

Regardless of the numerous selloff occasion, Shiba Inu’s value continues to rise over the past 24 hours. As of writing, Shiba Inu is buying and selling on the value of $0.00001124, up 2.48% over the past day with a 24-hour buying and selling quantity of $503,018,827 ($503.01M).