Voyager Liquidates 1,396,159,318,339 Shiba Inu (SHIB) on Coinbase As Bankruptcy Process Continues: On-Chain Data#

Beleaguered crypto lender Voyager is selling troves of its Shiba Inu (SHIB) holdings as it liquidates millions worth of the crypto asset on the US-based digital asset exchange Coinbase.

Data from the blockchain analytics platform Lookonchain shows that in the last several days, Voyager sold 49 different tokens on Coinbase amounting to about $63 million.

Shiba Inu makes up nearly 23% of the total sale as Voyager liquidated almost 1.4 trillion SHIB, valued at $14.4 million. The crypto asset is currently worth $0.0000093, down by over 9% in the past 24 hours.

Voyager also liquidated 781 Bitcoin (BTC) and 9,570 Ethereum (ETH) worth $22.97 million and $17.64 million, respectively.