Is The Sinking Cryptocurrency Platform Staking Ethereum? 75 Million Transfers!

Bankrupt crypto lending platform Celsius Network (CEL) has transferred $75 million worth of Etherum (ETH) to staking service provider Figment Services.

On-chain analytics platform of Arkham Intelligence According to data released by Celsius, Figment recently 75 million worth a dollar 40,928 ETH transferred. The transfer is made in total in a two-day period. 14 transactions It is stated that Celsius is staking these ETHs.

The process is Celsius to bankruptcy protection court since July of last year, when he applied for the biggest funds transferred. Staking process restructuring during the company additional income from existing assets It was stated that it may have been done for the purpose of winning.

Crypto investment product issuer 21Shares analyst Tom Wan, your transfer is quite interesting where Celsius own why when there is a staking pool Another One to the staking service provider you applied that you don’t understand stated.

Celsius approx. 290 million a dollar ETH Although there is a staking pool, the reason for choosing Figment is that the company’s annual 5.6% staking It has been suggested that it may be related to presenting the award.

Celsius’s own staking pool your last fund transfer from bankruptcy short for a while before underlined that.

Company, Terra (Luna) bankruptcy and sudden depreciation in cryptocurrency markets 710 million immediately after paying the dollar debt filing for bankruptcy had been found.

According to Coinecko data, the latest 30 days in 40.3% depreciating CEL, end 24 hours in 0.4% as of writing by experiencing the rise 0.211 traded at the dollar level.

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