Cryptocurrency lender Voyager is transferring millions of dollars worth of Ethereum (ETH) to Coinbase, a US-based digital asset exchange. Etherscan detected the Ethereum transfers, and analytics firm Akrham confirmed that the stacks were sent to Coinbase-controlled wallets.
Massive crypto moves are taking place
Etherscan’s data shows that Voyager started moving its Ethereum on Friday, initiating an initial transfer valued at approximately $922,625 to Coinbase. Later, Voyager transferred 1,000 ETH worth $1.84 million to the centralized crypto exchange.
On Saturday, the crypto lender transferred 1,000 ETH to a wallet controlled by Coinbase. The following day, Voyager moved 4,500 ETH worth $ 8.30 million to Coinbase in three transactions.
The first transfer involved the crypto lender shifting 1,500 ETH worth $ 2.76 million to the crypto exchange.
Then, Voyager relocated another batch of 1,500 ETH to Coinbase, and it subsequently transferred another 1,500 ETH to the centralized platform.
Overall, Voyager moved 7,000 ETH worth $ 12.91 million to a crypto exchange, where they can potentially be sold on the open market.
Earlier in the year, the US subsidiary of the leading crypto exchange Binance was set to acquire the assets of the bankrupt crypto lender for $ 1.3 billion. However, Binance.US withdrew from the asset purchase, citing regulatory uncertainties in the US.
Bitcoin is “people’s money”
The United States government’s increasing debt is a grave danger to the average American family, warns the author of Rich Dad Poor Dad.
Robert Kiyosaki asserts that BTC is “the people’s money” and cautions against saving US dollars. He predicts that Bitcoin will reach $100,000. While Kiyosaki has traditionally extolled the virtues of gold and silver as “God’s money,” he now considers BTC “the people’s money.”
Brace yourself for the worst: if the stock and bond markets crash, gold and silver prices will skyrocket. Even more alarming is the possibility that if the global economy collapses, BTC will be valued at $1 million, gold at $75,000, and silver at $60,000.
Savers of phony US dollars are in a precarious position because of the high levels of debt. Every member of the family is at risk. Let’s hope Kiyosaki is proven wrong. In the meantime, remain vigilant.
