Voyager is suspected to be selling assets through Coinbase, and still holds $631 million of encryption assets

On February 26, Lookonchain tweeted that Voyager seemed to be selling assets through Coinbase. We note that Voyager has received 100 million USDCs from Coinbase in the past three days. And Voyager has sent assets to Coinbase almost every day since February 14.

Interpretation of this information:

The tweet by Lookonchain on February 26th about Voyager potentially selling assets through Coinbase has raised some eyebrows in the cryptocurrency community. The revelation that Voyager had received 100 million USDCs from Coinbase in the past three days is particularly noteworthy as this could suggest that Voyager is liquidating its assets for some reason. Furthermore, the fact that Voyager has been sending assets to Coinbase almost every day since February 14th adds to this suspicion.

Voyager is a cryptocurrency platform that allows users to buy and sell digital assets. The company claims to offer commission-free trading and has been gaining popularity in recent months due to its user-friendly interface and competitive pricing. However, the recent influx of USDCs from Coinbase and the frequent transfers of assets to Coinbase have fueled speculation about Voyager’s intentions.

Some have suggested that Voyager may be facing financial difficulties and is selling assets to raise capital. Others believe that the company is simply taking advantage of the recent surge in cryptocurrency prices to make a quick profit. Whatever the reason, the fact that Voyager is sending assets to Coinbase on such a regular basis is certainly unusual and warrants further investigation.

Ultimately, it remains to be seen what Voyager’s motivations are and whether the company’s actions will have any long-term impact on the cryptocurrency market. However, the recent tweet by Lookonchain has certainly raised concerns and highlights the need for greater transparency in the cryptocurrency industry.