PANews reported on February 1 that according to Spot On Chain monitoring, in the past two days, Celsius further deposited 67,500 ETH (approximately US$156.5 million) into Coinbase Prime.

Overall, Celsius has moved 847,626 ETH (about $1.9 billion) to CEX since November 13, 2023. Some of this ETH may have been absorbed by whales through OTC transactions.

Earlier today, it was reported that Celsius had exited the bankruptcy process and had begun distributing more than $3 billion in cryptocurrencies and fiat currencies to creditors.