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HomeFinanceVoyager’s token switch to Coinbase sparks sell-off suspicions
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Voyager’s token switch to Coinbase sparks sell-off suspicions

Bankrupt cryptocurrency lender Voyager Digital transferred 1,500 Ether (ETH), price round $2.77 million and a further 250 billion (SHIB), price roughly $2.7 million, to crypto alternate Coinbase (NASDAQ:) on Aug.11, in accordance to Etherscan.

The motive behind the transactions has triggered hypothesis inside the broader crypto neighborhood. One principle suggests a possible sell-off, on condition that the transfers have diminished the distressed crypto lender’s pockets holdings to $81.63 million of digital belongings.

Screenshot of the transfers from Voyager to Coinbase. Supply: Etherscan

Proceed Studying on Coin Telegraph

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