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HomeCrypto NewsMarketVoyager Moves 250B Shiba Inu and 1.5K Ethereum to Coinbase

Voyager Moves 250B Shiba Inu and 1.5K Ethereum to Coinbase


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Bankrupt crypto lender Voyager shifts massive amounts of Shiba Inu coins (SHIB) and Ethereum (ETH) to Coinbase. 

Bankrupt crypto lender Voyager has transferred over $5 million of its assets to San Francisco-based exchange Coinbase. 

In a tweet shared today by Wu Blockchain, Voyager transferred a whopping 1,500 units of ETH ($2.77 million) and 250 billion units of SHIB ($2.7 million) to Coinbase. 

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Notably, the combined value of the crypto assets moved by Voyager is worth $5.47 at the time of the report. 

Voyager Moves Its Assets to Main Address

While the recent transfer may seem substantial, it is nothing compared to Voyager’s extensive crypto portfolio. 

Wu Blockchain said Voyager recently moved its remaining tokens to the main address. Per the media outlet, Voyager still holds various crypto assets valued at around $81.63 million. 

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Voyager’s Past Transfers of ETH & SHIB 

It bears mentioning that Voyager has been moving huge amounts of its assets to Coinbase since it filed for bankruptcy. As reported by the Crypto Basic in March, Voyager shifted 250 billion SHIB (worth around $3 million) to Coinbase. 

In addition, the crypto lender also moved 17,000 ETH and 12 million Voyager tokens (VGX) in different transactions. In a similar development, PeckShield reported that Voyager transferred 250B SHIB and 15K ETH to Coinbase in February. 

As reported earlier, Voyager sold a whopping 5.62 trillion SHIB coins between February and March 2023. While Voyager sells most of its assets on Coinbase, the crypto lender also uses Binance.US and Wintermute.  

SHIB & ETH Prices Soar Despite Voyager’s Transfers

It is worth noting that the recent transfers did not negatively impact SHIB and ETH prices. At the time of writing this line, Ethereum is up 1%, trading around $1,848. 

On the other hand, Shiba Inu has risen over 9% over the past 24 hours, changing hands at $0.00001091. 

Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.



Lele Jima
Lele Jima
Lele Jima is a cryptocurrency enthusiast and journalist who is focused on educating people about how the nascent asset class is transforming the world. Aside from cryptocurrency-related activities, Jima is a lover of sports and music.

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