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Celsius: Significant Release of ETH Pledges in the Coming Days

Celsius: Significant Release of ETH Pledges in the Coming Days

2024/01/04 22:53

Celsius Network has announced on the X platform that, in preparation for asset allocation, Celsius has initiated the recall and rebalancing of assets to ensure ample liquidity. Celsius will release existing ETH pledges to offset certain costs incurred during the entire restructuring process. The substantial unlocking of pledged assets in the upcoming days is intended to release ETH for timely distribution to creditors.

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