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Voyager Continues Shiba Inu Sales, SHIB Facing New Price Slump?

The sale of the remaining crypto assets of bankrupt crypto lender Voyager continues to be a hot topic for Shiba Inu (SHIB) investors. Already over the last few weeks, several million US dollars in SHIB have been liquidated, while the holdings remain high.

Voyager seems to want to slowly reduce its holdings with as little impact as possible on the market price of the cryptocurrencies affected. This would at least explain the latest sale of Voyager assets.

Blockchain security firm PeckShield reported today that Voyager-labeled addresses transferred $27.7 million worth of cryptos to Coinbase within the last 12 hours. Among them were 270 billion SHIB, the equivalent of about $3 million, as well as 17,000 ETH (about $19 million) and 12 million VGX (about $4 million).

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