Crypto Rug Pull Information: Crypto brokerage agency, Voyager Digital which filed for Chapter 11 chapter again in 2022, is making ready to reopen partial withdrawal for its customers. On-chain knowledge tracker studies that the troubled crypto agency transferred tokens out from its scorching pockets.
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Voyager Withdrawal Will Lead To A Crypto Rug Pull?
On-Chain knowledge of the wallet address 0x500a746c9a44f68fe6aa86a92e7b3af4f322ae66 related to Voyager depicts huge altcoin transfers. It must be famous that the collectors can withdraw about 35% of their crypto holdings with Voyager between June 20 and July 5, 2023.
The difficulty crypto agency moved round 350 billion Shiba Inu cash (approx price $2.6 million) in a number of transactions. Nevertheless, the largest transaction recorded seems to be of transferring 70 Billion SHIB (approx price $537k) from the recent pockets. SHIB is buying and selling at a mean value of $0.0000073, on the press time.
The second greatest meme crypto value is up by round 7% previously 7 days. Nevertheless, it’s anticipated the upcoming Voyager Customers’ withdrawal can enhance the promoting stress for Shiba Inu Coin.
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Promoting Strain To Surge Forward?
Voyager linked pockets then moved 279.79k Polygon (MATIC) tokens (approx price $180k) in a single transaction. Nevertheless, the crypto agency moved a minor quantity of MATIC tokens earlier than this mega transaction.
MATIC’s 7% value surge within the final 24 hours has managed to supply it reduction from the current downward development. In the meantime, a value drop is predicted forward as Voyager customers search to get better their funds.
As per the June 14, 2023 courtroom filings, Paul Hage, Voyager’s chapter plan administrator acknowledged that round June 15 Voyager app will present the quantity obtainable for consumer withdrawals. Nevertheless, after 30 days, shoppers might be allowed to withdraw crypto belongings by way of the app or can ask for a money payout.
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