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Celsius Will Unstake Large Amounts of ETH To Repay Creditors

Summary: Celsius Network announced that in the process of preparing asset allocation, Celsius has begun the process of asset recovery and rebalancing to ensure sufficient liquidity. Celsius will unstake existing ETH holdings to offset certain costs incurred throughout the restructuring process. Mass unlocking activity in the coming days will release ETH to ensure timely distribution to ...

Celsius Network announced that in the process of preparing asset allocation, Celsius has begun the process of asset recovery and rebalancing to ensure sufficient liquidity.

Celsius will unstake existing ETH holdings to offset certain costs incurred throughout the restructuring process. Mass unlocking activity in the coming days will release ETH to ensure timely distribution to creditors.

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Link: Celsius Will Unstake Large Amounts of ETH To Repay Creditors   [Copy]
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