Celsius exodus: $320M in crypto sent to FTX, user withdrawals paused

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Celsius is definitely starting to feel the heat as the staking and lending platform has been sending millions of dollars worth of crypto, including nearly $250M in WBTC, to FTX exchange while pausing withdrawals for all users.

worth about $74.5 million have been sent to FTX.

Since June 12, Celsius has staked 204 million USDC stablecoins on Aave. It also has deposited 10 million USDC plus about 8.2 million DAI stablecoins to Compound, another DeFi staking and lending platform.

 

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CelsiusNetwork exchange rate doesn't matter anymore

CelsiusNetwork They did already

Interesting CelsiusNetwork motto: 'If you don't HODL, we'll make you HODL'.

FTX CEO Sam, is one of the Democrats/bidens biggest campaign donors. Some still see him as a crypto hero? Some see him as the zuckerberg of crypto.

This will be like this for a while,if there is a green wick (it will go down again,it is simply one-off purchases).Be smart,take your money and wait for it downstairs or hold the drops for a minimum of 2 more months.Between 3k and 15k this can be plus the odd $LUNA style surprise

Hopefully, this could be the last time people fall for these tricks, and will be more oriented towards platform with better transparency and honesty. DAOs will be rising soon, as people will take to places like bitDAO to avoid falling for this again

in this long crypto winter, there will be many more casualties to come...80-90% drawdowns must always be contemplated as a norm.

All crypto soon terra

Celcius definitely know how to stake many diffrent types

Fook all these scammer exchanges! Get a cold wallet asap!

Super scam

When it comes to investment returns, if it’s too good to be true it probably is.

Goodbye friends

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