The price of Ethereum (ETH) has fallen due to the fact that Celsius, a cryptocurrency lending company that is undergoing bankruptcy proceedings and is undergoing restructuring, has unstaked the cryptocurrency, which is believed to be the cause of...
The defunct crypto lender sent over 30,000 ETH to custodian Fireblocks in the past week, some of which was deposited at crypto exchange Coinbase, data shows.
In a series of posts on X (formerly Twitter), Celsius reveals its plan to unstake Ethereum holdings valued at $227.03 million.
The post Celsius Network to Unstake All Ethereum Holdings to Pay Back Creditors appeared first on BeInCrypto.
