Voyager is liquidating belongings, together with 2.2 trillion SHIB: report

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  • Voyager reportedly acquired $100 million in USDC since 24 February.
  • Crypto belongings bought embody 2.24 trillion Shiba Inu and over 15,600 Ether.
  • Voyager filed for Chapter 11 chapter in July 2022.

Voyager Digital, the crypto lender that filed for chapter in July 2022 amid broader market contagion, has reportedly been promoting a few of its belongings.

Per on-chain knowledge shared by Lookonchain, the Voyager crew has just lately bought digital belongings via US-based cryptocurrency change Coinbase. The corporate is alleged to have acquired roughly $100 million within the USD Coin (USDC) stablecoin for gross sales of tokens equivalent to Shiba Inu, Ethereum and the native Voyager Token.

1/ It appears that evidently #Voyager is promoting belongings via #Coinbase.

We observed that #Voyager has acquired 100M $ USDC from #Coinbase previously 3 days.

And #Voyager has despatched belongings to #Coinbase nearly day by day from Feb 14.https://t.co/VW8o8dBQtqhttps://t.co/qbHt0r7VNG pic.twitter.com/kfxF6rwHFk

— Lookonchain (@lookonchain) February 26, 2023

Voyager has bought over $100 million in a number of crypto belongings

As reported by Lookonchain, Voyager began receiving the USDC on 24 February 2023, with the gross sales having begun on 14 February. 

The tokens despatched to Coinbase embody 2.24 trillion Shiba Inu (SHIB) value $28 million, 15,635 Ether (ETH) value $25 million and 640,000 Chainlink (LINK) value over $4.74 million.

Voyager has reportedly additionally bought 28.5 million of its native token VGX for $12.85 million, 350,000 Uniswap (UNI) for $2.28 million and three.26 million of Decentraland (MANA) value $2.15 million. In complete, Voyager bought tokens each day, with about 23 crypto belongings despatched to Coinbase change, the on-chain sleuth famous.

As of 25 February, Voyager held roughly $631 million in crypto, together with over 172,000 ETH value about $276 million, $186 million in USDC and over 6.5 trillion SHIB value about $81 million.


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