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Celsius: There will be a large-scale release of pledged ETH in the next few days to ensure timely distribution to creditors
2024-01-05 00:53:06
Odaily News Celsius Network issued a document on the X platform stating 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 and staking activity in the coming days will release ETH to ensure timely distribution to creditors.