According to data from the Lookonchain tracker, bankrupt Voyager recently sold 1449 ETH through the Wintermute platform at an average price of $1553, receiving $2.25 million.
This has led analysts to question why Voyager, which owns 5.17 trillion SHIB tokens worth $58 million (almost 25 times more than the amount of ETH assets), decided to sell off its Ethereum stocks first.
Chainlink and Avalanche tokens have also survived so far. Is Voyager expecting a jump of shitcoins amid the fall in the price of major cryptocurrencies?