5,170,000,000,000 Shiba Inu (SHIB) worth $57,283,600 now in control of contested crypto lender
Bankrupt crypto lender Voyager isn’t done selling its massive holdings of Shiba Inu (SHIB), according to new data on the chain.
Research firm Lookonchain has released an update on how much crypto the embattled lender currently controls.
According to the firm, Voyager now has 5,170,000,000,000 SHIB worth $57,283,600.
This amount is significantly less than one week ago, when Voyager had 6,500,000,000,000 Shiba Inus worth $81 million.
Voyager has also continued to sell Ethereum (ETH) in huge numbers as well – from 172,223 ETH worth $276 million a week ago down to $148,774 worth $233 million at press time.
“Voyager sold 1449 ETH via Wintermute and received 2.25 million USDC two hours ago, selling price is $1553.
Voyager is still selling assets and currently has:
- 148,774 ETH ($233 million)
- 5.17 trillion SHIB ($57 million)
- 1.44 million LINK ($10 million)
- 1.17 billion STMX (7 million USD)
- 411,052 AVAX ($6 million)”
Lookonchain has also published a recent snapshot of Voyager’s massive crypto wallet.
In December, Binance.US announced that it will buy more than $1 billion worth of assets from Voyager after FTX’s plans to buy them evaporated.
The US Securities and Exchange Commission objected to the deal, prompting a swift response from the judge in charge of Voyager’s bankruptcy proceedings.
Judge Michael Wiles said he needs details about why the SEC is objecting and why it has decided to “stop everyone in their tracks” with little or no explanation for the concerns.
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