Celsius Unloads $40 Million Worth of Ethereum on Coinbase

Celsius Unloads $40 Million Worth of Ethereum on Coinbase - How Will Price React?

In a move that is sending shockwaves through the cryptocurrency community, Celsius Network, currently navigating through bankruptcy proceedings, has executed substantial Ethereum (ETH) transactions worth $40 million on Coinbase. This latest development comes as part of Celsius' ongoing efforts to meet its financial obligations and settle with creditors, even as it holds a considerable Ethereum reserve.

Sentiment Result : Negative

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