Celcius
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Bitcoin Alert: Celsius Stirs Concerns with Massive $1.4 Billion BTC Transfer. 😱
In a recent twist of events, Celsius, the crypto credit firm that battled bankruptcy in July 2022, has executed a substantial Bitcoin transfer, moving a staggering $1.4 billion. The on-chain data surrounding this transaction unveils intriguing details about the internal movements of assets within Celsius.
On January 31st, Celsius initiated a colossal $1.4 billion Bitcoin transfer within its wallets, triggering apprehensions of a potential future sale.
Notably, the transferred Bitcoins have yet to reach any exchange, leaving the destination of these significant assets shrouded in uncertainty.
Celsius, having weathered a liquidity crisis and subsequent bankruptcy in 2022, received a lifeline for financial restructuring after a court approved its plan.
The company, in its quest to repay investors, is expected to engage in substantial cryptocurrency sales, injecting an element of uncertainty into the crypto market.
Earlier, Celsius attracted attention by transferring 67,500 Ethereum, valued at $156.6 million, to Coinbase Prime within the last two days.
The possibility of Celsius liquidating its Bitcoin holdings through exchange transfers has cast a shadow over the crypto community, fostering an uneasy atmosphere.
With the market already on edge due to past financial instability, it is closely monitoring the situation, anticipating potential impacts on Bitcoin prices.
Celsius's recent colossal Bitcoin transfer raises crucial questions about the fate of its crypto holdings. As the crypto market remains vigilant, the aftermath of this transfer could significantly influence market dynamics and investor sentiment in the days to come.
#Celcius #BTC #Write2Earn #TrendingTopic
In a recent twist of events, Celsius, the crypto credit firm that battled bankruptcy in July 2022, has executed a substantial Bitcoin transfer, moving a staggering $1.4 billion. The on-chain data surrounding this transaction unveils intriguing details about the internal movements of assets within Celsius.
On January 31st, Celsius initiated a colossal $1.4 billion Bitcoin transfer within its wallets, triggering apprehensions of a potential future sale.
Notably, the transferred Bitcoins have yet to reach any exchange, leaving the destination of these significant assets shrouded in uncertainty.
Celsius, having weathered a liquidity crisis and subsequent bankruptcy in 2022, received a lifeline for financial restructuring after a court approved its plan.
The company, in its quest to repay investors, is expected to engage in substantial cryptocurrency sales, injecting an element of uncertainty into the crypto market.
Earlier, Celsius attracted attention by transferring 67,500 Ethereum, valued at $156.6 million, to Coinbase Prime within the last two days.
The possibility of Celsius liquidating its Bitcoin holdings through exchange transfers has cast a shadow over the crypto community, fostering an uneasy atmosphere.
With the market already on edge due to past financial instability, it is closely monitoring the situation, anticipating potential impacts on Bitcoin prices.
Celsius's recent colossal Bitcoin transfer raises crucial questions about the fate of its crypto holdings. As the crypto market remains vigilant, the aftermath of this transfer could significantly influence market dynamics and investor sentiment in the days to come.
#Celcius #BTC #Write2Earn #TrendingTopic
🚨 BREAKING NEWS 🚨
#Celcius Sues Tether for $2 Billion in Bitcoin
Celsius Network has filed a lawsuit against Tether to recover over $2 billion worth of Bitcoin.
The lawsuit alleges #TetherUSD engaged in fraudulent and preferential transfers of Bitcoin leading up to Celsius’s bankruptcy.
Celsius claims Tether unfairly demanded and received significant collateral, disadvantaging other creditors
(🌐Source: #Cointelegraph )
#NewsAboutCrypto #CryptoNewss
#Celcius Sues Tether for $2 Billion in Bitcoin
Celsius Network has filed a lawsuit against Tether to recover over $2 billion worth of Bitcoin.
The lawsuit alleges #TetherUSD engaged in fraudulent and preferential transfers of Bitcoin leading up to Celsius’s bankruptcy.
Celsius claims Tether unfairly demanded and received significant collateral, disadvantaging other creditors
(🌐Source: #Cointelegraph )
#NewsAboutCrypto #CryptoNewss
#Write2Earn
JUST IN: Celsius Network starts $3 billion payout after emerging from Chapter 11 bankruptcy. #Celcius #BNB!
JUST IN: Celsius Network starts $3 billion payout after emerging from Chapter 11 bankruptcy. #Celcius #BNB!
🚨 Another Fundamental
$ETH looks like in danger #Celcius might be dumping $ETH
Bankrupt crypto lender Celsius Networks has been moving a very large number of its Ethereum holdings to exchanges in recent days. This unstaking of ETH and moving it to exchanges comes as part of its recovery plans amid the ongoing bankruptcy process. $ETH
$ETH looks like in danger #Celcius might be dumping $ETH
Bankrupt crypto lender Celsius Networks has been moving a very large number of its Ethereum holdings to exchanges in recent days. This unstaking of ETH and moving it to exchanges comes as part of its recovery plans amid the ongoing bankruptcy process. $ETH
