November 8, 2024

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Voyager’s token transfer to Coinbase sparks sell-off suspicions

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Voyager’s token transfer to Coinbase sparks sell-off suspicions

Bankrupt cryptocurrency lender Voyager Digital transferred 1,500 Ether (

Following Binance.US’s court-sanctioned acquisition of the lender’s assets, blockchain analysis platform Lookonchain disclosed that Voyager liquidated digital holdings exceeding $56 million across three cryptocurrency exchanges. Approximately three months later, the insolvent exchange engaged in various transactions involving the transfer of around 350 billion SHIB tokens.

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