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Coin Edition 2024-01-26 11:32:00

Selling Pressure Looms as Celsius Moves $1B+ ETH to Exchanges

The price of Ethereum (ETH) may face substantial selling pressure as reports circulate that bankrupt crypto lender Celsius continuously transfers billion-dollar values of ETH to centralized exchanges for potential liquidation. On-chain analytics provider Lookonchain and many online pundits have called attention to Celsius’ ETH transactions. Using data from Etherscan, Lookonchain found that Celsius has moved The post Selling Pressure Looms as Celsius Moves $1B+ ETH to Exchanges appeared first on Coin Edition .

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