Voyager Transfers Cryptocurrencies Worth Millions
It is reported that Twitter encryption KOL@Bit According to the ember monitoring data, Voyager today transferred cryptocurrencies worth US $35.8 million, trans…
It is reported that Twitter encryption KOL@Bit According to the ember monitoring data, Voyager today transferred cryptocurrencies worth US $35.8 million, transferred 7000 ETHs (about US $10.94 million) and 6.22 million MATICs (about US $7.03 million) to Coinbase, transferred 7000 ETHs (about US $10.94 million), 2.5 million FTMs (about US $1.01 million), 2 million IOTA (about US $0.42 million), 400000 ONTs (about US $90000) to Binance US, and transferred 300 billion SHIBs (about US $3.33 million) 1164 ETHs were transferred to Wintermute, a cryptocurrency market maker, and 100000 DYDXs were transferred to Kraken (about US $220000). However, the current transfer of Voyager assets continues.
Voyager transferred $35.8 million of cryptocurrency today
Analysis based on this information:
According to monitoring data observed by the Twitter encryption KOL@Bit, cryptocurrency trading platform Voyager has transferred a total of $35.8 million in digital assets to various exchanges including Coinbase, Binance US, Wintermute, and Kraken. The transfers include 7000 ETHs worth around $10.94 million, and 6.22 million MATICs valued at approximately $7.03 million. These assets were sent to Coinbase. Along with this, Voyager transferred 7000 ETHs valued at $10.94 million, 2.5 million FTMs worth $1.01 million, 2 million IOTA worth $0.42 million, and 400000 ONTs whose value is $90000 to Binance US.
Moreover, Voyager has transferred 300 billion SHIBs worth approximately $3.33 million and 1164 ETHs worth an undisclosed amount to Wintermute, a cryptocurrency market maker. Additionally, 100000 DYDXs were transferred to Kraken, which is valued at around $220000. It is important to note that the transfer of Voyager’s assets is still ongoing.
This message implies that Voyager, a well-known cryptocurrency trading platform, is making significant transfers of digital assets to major exchanges, including Coinbase and Binance US. The company is sending considerable amounts of Ethereum, MATIC, FTMs, IOTA, and ONT to these exchanges in transfers worth millions of dollars. Furthermore, Voyager appears to be diversifying its portfolio by transferring SHIBs and DYDXs to Wintermute and Kraken, respectively.
Such large transfers of digital assets by Voyager may indicate that the platform is looking to cash out some of its holdings or enter into new trading markets. With cryptocurrency prices soaring in the past year, it is reasonable to assume that many platforms have accumulated significant holdings of various digital assets, and they may wish to capitalize on their value by transferring them to other exchanges or cashing them out entirely.
In conclusion, Voyager’s recent transfer of cryptocurrencies worth millions of dollars to different exchanges highlights the platform’s diversification strategy and its potential interest in cashing out some of its holdings or entering into new markets. As the transfer of assets is ongoing, it remains to be seen whether Voyager will continue to transfer its cryptocurrencies in significant volumes or make any further diversification moves.
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