Voyager Earns $154.4M from Crypto Sales
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March 1, 2023

Bankrupt crypto broker Voyager Digital is in the midst of a crypto sales campaign. Thus, over the past month, the company transferred $121 million to exchanges and received $154.4 million in USDC from Coinbase for its sale, analytics firm Arkham Intelligence has reported.

Voyager Digital has sent at least $54 million to Coinbase and Binance.US in the past seven days, including $24.7 million to Ethereum, $12.2 million to SHIB and $2.5 million to LINK.

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Arkham Intelligence has added:

"Voyager continuing to sell assets at a rate of around $100M/week. Currently they hold almost $700M in two very large wallets."

According to the company's analyst estimates, the broker's addresses hold $271 million in Ethereum, $236 million in USDC, $77 million in SHIB, $63 million in the native token VGX, $13 million in LINK, $5.5 million in FTM and $5 million in APE.

A court has previously allowed Voyager to liquidate cryptocurrencies in customers' accounts with negative USDC balances and use fiat on third-party platforms.

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