Suspected Voyager Address Deposits $66.18 Million Worth of Tokens into Coinbase

02/20/2023 07:12 • Daily Digest • 110 views

It is reported that the Web3 knowledge map protocol 0xscope tweeted that after six months of dormancy, the suspected Voyager address began to deposit a large amount of tokens into the exchange. Since February 1, 2023, these addresses have deposited $4430 worth of ETH, $17.5 million worth of SHIB, $2.83 million worth of VGX and $1.55 million worth of LINK to Coinbase, totaling $66.18 million. Voyager still holds approximately $321 million in cryptocurrency.

After the Voyager address has been dormant for 6 months, a total of 66.18 million dollars of tokens have been deposited with the exchange this month

Interpretation of the news:

The Web3 knowledge map protocol 0xscope has reported that a suspected Voyager address has begun depositing large amounts of tokens into Coinbase after six months of dormancy. The address has deposited a total of $66.18 million worth of tokens into Coinbase, including $4430 worth of ETH, $17.5 million worth of SHIB, $2.83 million worth of VGX, and $1.55 million worth of LINK, since February 1, 2023. Despite the deposits, Voyager still holds approximately $321 million in cryptocurrency.

The sudden activity from the suspected Voyager address has raised speculation over the motives behind the deposits. It is unknown whether the address belongs to Voyager itself or to an individual or group connected with the platform. Some have suggested that the deposits could be a move to liquidate assets, while others have speculated that it may be an attempt to manipulate the market.

Regardless of the intent behind the deposits, the large influx of tokens could have significant implications for Coinbase and the wider cryptocurrency market. With a total value of $66.18 million, the deposited tokens represent a sizable amount of tradeable assets that could impact the value of other cryptocurrencies on the exchange.

However, it is important to note that the deposits do not necessarily indicate negative intentions from the suspected Voyager address. It is common for cryptocurrency holders to move their assets across exchanges for various reasons, including trading and liquidity.

Overall, the sudden activity of the suspected Voyager address has sparked interest within the cryptocurrency community, and the implications of the deposits will likely be closely monitored in the coming weeks and months. As the cryptocurrency market continues to evolve, it is important to maintain a cautious approach and carefully consider the potential impacts of such transactions.

In conclusion, the suspected Voyager address’s recent deposits into Coinbase have raised speculation within the cryptocurrency community. While the intent behind the deposits is unknown, the deposited tokens represent a significant amount of assets that could impact the wider market. As such, it is crucial to remain vigilant and closely monitor any developments related to the transaction.

This article and pictures are from the Internet and do not represent qiAiAi's position. If you infringe, please contact us to delete:https://www.qiaiai.com/daily/1774.html

It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.