Bankrupt Voyager Sends 250B SHIB to Coinbase, Raising SHIB Price Concerns
In this video, we discuss the recent transfer of $28.7 million worth of cryptocurrencies from the bankrupt brokerage firm Voyager to BinanceUS and Coinbase, including 250 billion Shiba Inu tokens worth $3.4 million. The move has caused concern in the Shiba Inu community, as it could lead to selling pressure on the SHIB price if the tokens are sold in the future. Rumors are circulating that Voyager may be looking to capitalize on the recent market rally and liquidate the altcoins to compensate its creditors, but there is no solid evidence to support this claim. We also discuss the plan that Binance US and Voyager have worked out to allow Voyager's customers to withdraw their assets through accounts at Binance US, with payments expected to begin in March. Join us as we explore the implications of these recent transfers and their potential impact on the cryptocurrency market.
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