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The Daily Hodl 2023-05-16 18:41:56

Bankrupt Lender Celsius Moves $780,000,000 Worth of Crypto After Lido Finance Allows Withdrawals

Bankrupt crypto lending platform Celsius transferred 428,000 staked ether (stETH) worth $780 million on Monday, according to Etherscan data. The transfer corresponds with the introduction of a withdrawal feature by Lido Finance, the stETH provider, for the first time. It’s unclear whether the transfer is related to a possible attempt by Celsius to regain previously The post Bankrupt Lender Celsius Moves $780,000,000 Worth of Crypto After Lido Finance Allows Withdrawals appeared first on The Daily Hodl .

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