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 <h2 id="strong-speculation-of-a-potential-selloff-strong"><strong>Speculation of a Potential Selloff</strong></h2> 
 <p><span style="font-weight: 400">According to on-chain data first shared by Independent Journalist Colin Wu, the essence of these transfers has sparked speculation in the broader ecosystem</span><span style="font-weight: 400">.</span></p>  
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 <p><span style="font-weight: 400">One of these speculations is a potential selloff as the latest bouts of transfers leaves the embattled crypto lender with only $81.63 million worth of crypto in its wallets.&nbsp;</span></p> 
 <p><span style="font-weight: 400">Notably, these transactions were carried out 1 hour apart, per data from </span><span style="font-weight: 400">Etherscan</span><span style="font-weight: 400">. As noted, the sudden transfer of these tokens has sparked speculation about a potential sell-off. But some sources claimed that <a rel="noopener noreferrer nofollow" title="Voyager Digital" href="https://thebittimes.com/tag/voyager-digital.html">Voyager Digital</a> is currently trying to transfer all the tokens in its addresses to the main address.</span></p> 
 <p><span style="font-weight: 400">This selloff speculation is further buttressed by the fact that <a rel="noopener noreferrer nofollow" title="Voyager Digital" href="https://thebittimes.com/tag/voyager-digital.html">Voyager Digital</a> has been engaged in selling off its SHIB holding since the beginning of this year.</span></p>  
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 <h2 id="strong-a-rel-noopener-noreferrer-nofollow-title-voyager-digital-href-https-thebittimes-com-tag-voyager-digital-html-voyager-digital-a-is-on-a-shib-selling-spree-strong"><strong><a rel="noopener noreferrer nofollow" title="Voyager Digital" href="https://thebittimes.com/tag/voyager-digital.html">Voyager Digital</a> is on a SHIB Selling Spree</strong></h2> 
 <p><span style="font-weight: 400">In February, <a rel="noopener noreferrer nofollow" title="Voyager Digital" href="https://thebittimes.com/tag/voyager-digital.html">Voyager Digital</a> </span><span style="font-weight: 400">transferred</span><span style="font-weight: 400"> almost $10 million worth of digital assets to several cryptocurrency exchanges within 24 hours. Some of the recipient exchanges were Binance U.S., Coinbase, and Kraken.&nbsp;</span></p>  
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 <p><span style="font-weight: 400">The transferred tokens consist of 270 billion SHIB valued at $3.2 million, 4.9 million Voyager Tokens (VGX) worth $2.1 million, 3,050 ETH valued at $3 million, and 221,000 Chainlink (LINK) worth $1.5 million. It is worth noting that these were the market value of the transferred tokens at that time.</span></p> 
 <p><span style="font-weight: 400">Shortly after Binance U.S won the court’s approval to </span><span style="font-weight: 400">acquire the lender’s assets</span><span style="font-weight: 400">, blockchain analytic platform Lookonchain </span><span style="font-weight: 400">revealed</span><span style="font-weight: 400"> that Voyager also disposed off digital assets valued at over $56 million to three crypto exchanges. Three months later, the bankrupt exchange had </span><span style="font-weight: 400">moved </span><span style="font-weight: 400">about 350 billion Shiba Inu tokens in different transactions.</span></p> 
 <p><span style="font-weight: 400">The recent huge transfer of SHIB to Coinbase seems to impact less on the community’s sentiment as touching any potential selloff and its aftermath</span><span style="font-weight: 400">. The token is surprisingly on rampage today, having soared by over 6% in the last 24 hours. At the time of this writing, Shiba Inu was trading at $0.0000108.&nbsp;</span></p> 
 <p><span style="font-weight: 400">The <a rel="noopener noreferrer nofollow" title="Voyager Digital" href="https://thebittimes.com/tag/voyager-digital.html">Voyager Digital</a> news is not moving investors in part because</span><span style="font-weight: 400"> the official launch of Shiba Inu’s Layer-2 scaling solution Shibarium, coming up this month is expected to also impact positively on the price of the altcoin.</span></p> 
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Voyager Digital Moves Billions of SHIB to Coinbase

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