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Celsius: A large amount of pledged ETH will be released in the next few days

Celsius: A large amount of pledged ETH will be released in the next few days

CointimeCointime2024/01/05 00:07
By:Cointime

Celsius Network announced on X platform that it has started recalling and rebalancing assets in preparation for asset allocation, in order to ensure sufficient liquidity. Celsius will release the existing ETH pledged to offset some of the costs incurred during the entire restructuring process. The significant unlocking of pledged activities in the coming days will release ETH to ensure timely distribution to creditors.

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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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