Crypto exchange Coinbase has attracted significant attention because of Voyager Digital, a cryptocurrency organization currently grappling with financial distress. Voyager’s unexpected move of transferring a substantial portion of its assets to Coinbase has sparked considerable interest.
This unexpected and bold action has sparked lively dialogues and arguments about the future of Voyager and the ramifications it may have on the broader digital financial ecosystem.
Is a sell-off about to take shape?
Voyager To Coinbase: What’s Going On?
Etherscan shows that on August 11th, Voyager Digital moved a substantial amount of assets in the cryptocurrency market. The exchanged amount was 1,500 Ether, or around $2.77 million at the time of the deal.
Voyager transfers to Coinbase. Source: Etherscan
Voyager Digital also transferred a sizable…
