6,500,000,000,000 Shiba Inus Worth $81,000,000 in Bankruptcy Reserves for Crypto Lender Voyager: Analytics Firm
On-chain data shows that trillions of Shiba Inu (SHIB) tokens remain in the reserves of bankrupt crypto-lender Voyager.
Blockchain tracking firm Lookonchain says Voyager’s reserves amount to $631 million in crypto, including $81 million of top meme altcoin SHIB.
“And Voyager currently has ~$631 million in assets.
Including:
- 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)”
Lookonchain too says that it appears that Voyager is busy selling some of its assets through top US crypto exchange Coinbase.
“It appears that Voyager is selling assets through Coinbase. We noticed that Voyager has received 100 million USDC from Coinbase in the last three days. And Voyager has been sending assets to Coinbase almost every day since February 14th.”
Some of Voyager’s crypto assets transfered to Coinbase this month includes SHIB, according to Lookonchain.
“Here the assets have been transferred from Voyager to Coinbase since February 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 isn’t the only group taking note of Voyager’s recent crypto moves.
Blockchain cybersecurity firm Peckshield noted earlier this month that Voyager had transferred $28.7 million worth of digital assets to various crypto exchange platforms, including moving hundreds of billions of Shiba Inu to Coinbase.
Peckshield found that Voyager moved 250 billion SHIB worth about $3.4 million at the time to Coinbase and 15,000 Ethereum (ETH) worth $25.3 million to Coinbase and Binance, the world’s largest crypto exchange platform by volume.
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