Voyager, the bankrupt crypto broker, has been making significant transactions involving Shiba Inu (SHIB) tokens, according to data posted by Etherscan.
Over the past week, Voyager has transferred an astonishing amount of SHIB, with the latest transactions involving a total of 90 billion tokens. In total, the broker has moved approximately half a trillion SHIB.
The transactions were made from Voyager’s wallet, with eight transfers carrying tens of billions of SHIB each. The largest transfer moved 80 billion meme coins, while the others ranged from 16 billion to 30 billion SHIB.
The total value of the SHIB moved from Voyager is equivalent to $3,832,500 in fiat currency.
Interestingly, the transactions were made to anonymous addresses that were not associated with any known crypto exchanges.
However, there is speculation that these transfers could be sales or preparation for sales. Another possibility is that Voyager is returning crypto to its customers, as the company announced plans to reopen and allow clients to withdraw a portion of their funds.
Voyager, a crypto lending platform, closed its business last year but held a significant stash of SHIB tokens. In April of this year, it was reported that Voyager owned 3.1 trillion SHIB tokens.
In other SHIB-related news, the lead developer of Shiba Inu, known as Shytoshi Nakamoto, released a blog post discussing the future of SHIB and its Layer 2 solution, Shibarium. Nakamoto revealed that SHIB will be a sponsor of the Eth Toronto and Eth Women conferences in August.
The post also mentioned the launch of Shibarium, which has been highly anticipated by the SHIB community.