Celsius: Significant Release of ETH Pledges in the Coming Days
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.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Australian Dollar holds above 0.7050 as hot CPI boosts RBA hike bets
Commodity cost headwinds increase to 2.5 billions USD, Ford Motor (F.US) sees core profit edge up 4% against the trend in Q3 and raises its annual guidance lower limit
Ford's Q3 adjusted EPS exceeded expectations by 20%, and the company raised the lower end of its full-year profit guidance to $10.5 billion; however, revenue slightly missed expectations, causing shares to fall nearly 2% after hours.