Bankrupt cryptocurrency lending company Celsius Network continues to send Ethereum (ETH) to exchanges to repay its creditors.
In order to distribute the shares of creditors recently Announcing that he would withdraw the Ethereums he staked Celsius sent millions of dollars of ETH to Coinbase.
Reported by on-chain analysis platform Lookonchain to data A wallet belonging to Celsius according to January 5 taking action early in the day $22.4 million worth 10 thousand ETH US-based cryptocurrency exchange to Coinbase transferred.
Celsius has been removed from staking wallets since November 13. $413 million He withdrew 184 thousand ETH worth and sent all of these assets to Coinbase, FalconX and OKX.
Currently available in 2 different staking wallets of Celsius $1.42 billion worth 634 thousand ETH is available. Celsius Network faced a liquidity crisis after the events in the cryptocurrency market last year, stopped withdrawals and filed for bankruptcy in July 2022.
According to CoinGecko data, in the last 24 hours 1.5% rise Ethereum exhibiting, at the time of writing from $2,258 is being traded.