Cryptocurrency lending and staking platform Celsius Network has temporarily suspended all transfers and withdrawals between accounts.
Celsius, Monday, June 13 day TSI early in the morning all accounts between accounts transfers, clearing and withdrawals temporarily stopped explained.
For the decision to cease operations market conditions giving reason Celsiusmade the following statements in his statement:
We are announcing that Celsius has paused all withdrawals, clearing and transfers between accounts due to market conditions. We are taking this action to better fulfill Celsius’s obligations over time. Acting in the interests of our community is our top priority. Our activities continue and we will continue to share information with the community.
Approximately $380M Moved to FTX
on Saturday, June 11 42,000 Ethereum (ETH)on Sunday, June 12 12,000 ETH and today about 50,000 ETH in the last three days FTXabout to 104,000 ETH bearing Celsius also today 9,500 Wrapped Bitcoins (WBTC) also FTXtransferred it to.
Announcing that it has stopped withdrawals and transfers Celsiusabout the 380 million dollarsof crypto currencyi to FTX exchange Its porting caused speculation among users.
CoinGecko After the announcement according to the data 70% in decline $0.14Celsius Network’s native cryptocurrency CELin the last 24 hours at the time of writing 51.1% in decline $0.1917 trading levels.
It also experienced a big drop after Celsius’ announcement. $25,000regressed to bitcoinduring the news $25,353 watching around.