250 Billion Meme Coin Transfer From Bankrupt Company! What’s going on?

Bankrupt crypto lender Voyager has made a notable meme coin transfer. Blockchain security firm PeckShield that you reported According to Voyager Wednesday, coinbase250 billion to shiba inu sent. Data from Etherscan shows that this major transfer took place on February 15.

That’s not the only transfer Voyager made on Wednesday. The bankrupt firm simultaneously made $28.7 million worth of cryptocurrencies to Coinbase and another transfer to Binance.US.

It is not yet known why Voyager made these crypto transfers worth millions of dollars. However, these large transfers did not go unnoticed by the meme coin community. Many in the community think Voyager wants to monetize the last market rally to pay back creditors.

Despite the recent transfer, Voyager still owns 1.6 trillion Shiba Inu worth $23.5 million. The meme coin is Voyager’s second largest investment, apart from Bitcoin taking first place and Ethereum third. However, if Voyager decides to dispose of 1.6 trillion Shiba Inu, the meme coin price could take a serious hit.

Koinfinans.com It is worth remembering that as we reported, Voyager filed for bankruptcy in July after the collapse of the Terra ecosystem, which created a ripple effect on the entire crypto space in May. Binance.US agreed to buy some of Voyager’s assets in December last year. But the deal was not successful. Binance.US has so far stayed out of the deal and has not made any new deals with Voyager.

You can follow the current price action here.


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