Celsius to Unstake $470M Ethereum Amid Restructuring Efforts, Raising Market Concerns
Celsius to Unstake $470M Ethereum Amid Restructuring Efforts, Raising Market Concerns Overview Bankrupt crypto lender Celsius will unstake 206,300 Ethereum, worth around $470 million, as part of efforts to facilitate the distribution of assets to creditors, according to a Jan. 4 statement on social media platform X (formerly Twitter). Celsius said the planned “significant” unstaking…