Foresight News reports that according to court documents, the bankrupt cryptocurrency lending company Celsius Network will distribute $127 million to eligible creditors in its second round of payments. This payment covers multiple categories of creditors, including retail deposit claims, general income claims, and unsecured loan claims. The second round of payments will primarily be made in liquid crypto assets, with funds converted at an average price of $95,836.23 per Bitcoin to match the claim values. The latest round of distribution will increase the total recovery rate to 60.4% of eligible claims. Previously, Celsius completed its first payment in January 2024, at which time approximately 57.65% of eligible claims were paid in liquid crypto assets or cash.