Cryptocurrency News

Celsius exodus: $320M in crypto sent to FTX, user withdrawals paused

2022.06.13 08:41

Celsius exodus: $320M in crypto sent to FTX, user withdrawals paused
Celsius exodus: $320M in crypto sent to FTX, user withdrawals paused

Crypto staking and lending platform Celsius may be dealing with its rumored liquidity crisis by unstaking $247 million worth of Wrapped Bitcoin from Aave and sending it to FTX exchange.

Speculations among the crypto community are now flaring as the project has been moving massive amounts of WBTC, ETH, and other crypto assets in addition to pausing withdrawals for users.

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