Transfer billions of Shiba Inu currency..The fall is coming

The cryptocurrency lender Voyager Digital, which has declared bankruptcy, announced the transfer of 1,500 Ethereum (ETH) worth about 2.77 million dollars and 250 billion Shiba Inu (SHIB) equivalent to 2.7 million dollars to the Coinbase platform (NASDAQ:COIN).

Speculation of a possible sale according to the data on the series was first shared by freelance journalist Colin Wu. The essence of these transfers has raised speculation in the wider ecosystem.

One of these speculations is a possible sale where the bankrupt cryptocurrency lender’s latest conversion spells leave only 81.63 million dollars worth of cryptocurrencies in its portfolio.

It is worth noting that these transactions were carried out with a difference of one hour. For all data from Etherscan. As noted, the sudden transfer of these tokens provoked speculation about possible sales. But some sources claimed that Voyager Digital is currently trying to transfer all the tokens in its addresses to the main one.
This sale speculation is reinforced by the fact that Voyager Digital has been engaged in the sale of its acquisition of SHIB since the beginning of this year.

The tokens transferred consist of 270 billion Shibs worth 3.2 million dollars. And 4.9 million Voyager Tokens (VGX) worth 2.1 million dollars. And 3.050 ETH worth 3 million dollars, and 221000 Chainlink (LINK) worth 1.5 million dollars. It is noteworthy that this was the market value of the tokens transferred at that time.

Shortly after Binance acquired U.S on the approval of the court to obtain the lender’s assets.

The blockchain analysis platform Lookonchain revealed that Voyager also disposed of digital assets worth more than 56 million dollars to three crypto trading platforms. Three months later, the bankrupt trading platform transferred about 350 billion Shiba Inu tokens in various transactions.
The recent massive transfer of SHIB to Coinbase seems to have less of an impact on community morale as it touches on any potential sales and their repercussions. The token is surprisingly on a rampage today, having risen by more than 6% in the past 24 hours. At the time of writing, the Shiba Inu was trading at a price of 0.0000108 dollars.