Analysis

6,500,000,000,000 Shiba Inu Worth $81,000,000 in Bankrupt Crypto Lender Voyager Reserves: Analytics Firm

On-chain information exhibits that trillions of Shiba Inu (SHIB) tokens stay within the reserves of bankrupt crypto lender Voyager.

The blockchain-tracking agency Lookonchain says Voyager’s reserves quantity to $631 million value of crypto, together with $81 million value of the highest meme altcoin SHIB.

“And Voyager at the moment holds ~$631 million property.

Together with:

  •  172,223 ETH ($276 million)
  • $186 million USDC
  • 6.5 trillion SHIB ($81 million)
  • 2.14 million LINK ($15.8 million)
  • 581,052 AVAX ($10.5 million)
  • 1.17 billion STMX ($8.3 million)
  • 11.9 million MANA ($7.88 million)
  • 12 million FTM ($5.6 million)
  • 1 million APE ($5.1 million)”
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Supply: Lookonchain/Twitter

Lookonchain additionally says that it seems Voyager is busy promoting off a few of its property by way of the highest US crypto alternate Coinbase.

“It appears that evidently Voyager is promoting property by way of Coinbase. We seen that Voyager has acquired 100 million USDC from Coinbase previously three days. And Voyager has despatched property to Coinbase nearly daily from Feb 14th.”

A few of the crypto property Voyager transferred to Coinbase this month embody SHIB, in response to Lookonchain.

“Listed here are the property transferred from Voyager to Coinbase since Feb 14th.

  • 2.24 trillion SHIB ($28 million)
  • 15,635 ETH ($25 million)
  • 28.5 million VGX ($12.85 million)
  • 640,000 LINK ($4.74 million)
  • 7.75 million OCEAN ($3 million)
  • 350,000 UNI ($2.28 million)
  • 3.26 million MANA ($2.15 million)
  • 4 million ENJ ($1.88 million)
  • 2.3 million SAND ($1.64 million).”

Lookonchain just isn’t the one group to note Voyager’s current crypto strikes.

The blockchain cybersecurity firm Peckshield famous earlier this month that Voyager had transferred a complete of $28.7 million value of digital property to numerous crypto alternate platforms, together with shifting a whole bunch of billions of Shiba Inu to Coinbase.

Peckshield discovered that Voyager moved 250 billion SHIB value about $3.4 million on the time to Coinbase and 15,000 Ethereum (ETH) value $25.3 million to Coinbase and Binance, the world’s largest crypto alternate platform by quantity.

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