Celsius transferred over 125 million USD worth of ETH to cryptocurrency exchanges in the past week
According to a report by Cointelegraph, Arkham Intelligence data shows that Celsius, a troubled cryptocurrency lending institution in the process of repaying creditors, transferred over $125 million worth of ETH to crypto exchanges during the past week (January 8th to 12th). Among them, Celsius transferred $95.5 million worth of ETH to Coinbase and $29.7 million worth of ETH to FalconX.
However, Celsius still holds over 550,000 ETH on its books, with a value of up to $1.36 billion at the time of writing.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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