In June, there was a liquidity crisis on the agenda of the crypto money industry. this crisis of bitcoin It was an important crisis that also affected the recovery.
Some of them got away with the domino effect after the LUNA collapse, while the companies that had a debt with each other declared bankruptcy.
Suspending cryptocurrency withdrawals last month and causing panic in the market. CelsiusThere is good news from
Based on in-chain data Celsius escaped liquidation by paying the remaining $41.2 million of its debt to the Maker protocol.
With this payment, the company’s 448 million dollars worth of collateral for the loan 21962 WBTC (The token equivalent to Bitcoin on the Ethereum blockchain) has been released.
This is the free bitcoinThe company, which is struggling with the liquidity crisis, is expected to relax a little. Celsius has not yet made a statement on whether the shooting, which has been closed as of June 12, will be opened.
Fundstrat analyst Walter Teng told Coindesk that “released collateral can be sold to meet suspended client requests on central exchanges or OTC desks.”
After the news Celsius token (CEL) Although it rose 12%, it came back to where it rose.
Celsius, which moved 21962 WBTC to another wallet, already has 24,462 WBTCs worth $500 million.