Celsius, the bankrupt cryptocurrency lending and lending platform, has been making significant sales in the altcoin market lately.
Celsius Continues to Dispose of Altcoins in Its Portfolio
Celsius continued its altcoin sales today, according to data from analytics firm Lookonchain.
Notice that #Celsius started selling altcoins.
— Lookonchain (@lookonchain) July 17, 2023
Celsius sold a significant amount of altcoins and transferred them to FalconX, a digital asset trading platform. Among the altcoins sold
1.27 million Chainlinks (LINK), worth approximately $8.5 million
2.83 million Synthetix (SNX) worth approximately $7.84 million,
12,597 Binance Coins (BNB), worth $3 million,
4.45 million 1inch (1INCH), worth approximately $2.26 million,
8.53 million (ZRX) worth $1.9 million
There are 439,000 FTX Tokens (FTT) worth approximately $713,000.
In addition, Celsius deposited 186,149 SushiSwap (BONE) tokens on the OKEx exchange with an approximate value of $235,000.
It is important for cryptocurrency users and investors to be aware of such developments, as they can affect the availability and performance of certain altcoins on various platforms.
As always, individuals are advised to do extensive research before making any investment decision.
It is important for users and investors to be aware of such developments, as they can affect the performance and availability of certain altcoins on certain platforms.
*Not investment advice.