Celsius Sends $500M of Bitcoin Derivative to Crypto Exchange After Debt Payoff

Celsius Sends $500M of Bitcoin Derivative to Crypto Exchange After Debt Payoff

The move suggests that Celsius might sell the assets for more liquid assets, although market data on the exchange did not indicate that it had already happened. At press time, WBTC traded closely in tandem with bitcoin, changing hands at $21,600, up 6% in the last 24 hours.

Originally Posted on: https://www.coindesk.com/markets/2022/07/07/celsius-sends-500m-of-bitcoin-derivative-to-crypto-exchange-after-debt-payoff/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
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