Celsius Makes Another Payment: Bitcoin (BTC) Lowers Liquidation Price to $2,722

Cryptocurrency lending and staking platform Celsius has reduced the liquidation price on Bitcoin (BTC) to $2,722 by making another refund to Maker, one of the largest decentralized finance (DeFi) protocols.

Recently in 3 transfers makermade to 120 million DAIwith payment of Bitcoin liquidation your price 5,000 dollarsfalling under CelsiusTSI yesterday evening one more payment performed. Celsius carried out 34.43 million DAIThe liquidation price on Bitcoin with the final refund of $2,722 lowered to its level.

in the past months Hundreds of millions of DAI as WBTC collateral through Maker borrower Celsius‘FameJune He stated that he was experiencing liquidity problems in the current market conditions and closed all withdrawals temporarily, and therefore he could not repay his debts. will be liquidated and will go bankrupt There were news about it.

Oasis according to data 1 July carried out since 183 million DAI which reduces the risk of liquidation by reimbursement Celsiusof still makerto 41.23 million DAI including compoundto 100 million and aave‘eat 175 million dollars debt position.

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