Celsius Pays Off Aave Loan, Moves $418M 'stETH' Stack to Unknown Wallet

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EXCLUSIVE: The liquidity-stricken crypto lender fully paid off its debt to decentralized finance protocol Aave, freeing up $26 million in tokens as part of its latest debt restructuring maneuver, sndr_krisztian reports.

Now that the firm has closed its loans from Aave and Maker, Celsius might turn its focus on paying off the last remaining DeFi debt, which is a loan from the Compound lending protocol.

At press time, the wallet linked to Celsius owes some $50 million in USDC stablecoin to Compound, blockchain data firm Nansen's portfolio tracker . If Celsius pays off the rest of its outstanding debt, it can unlock 10,000 WBTC tokens currently stuck on the platform, worth $194 million at current market prices.Read more about

 

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sndr_krisztian That's a really big sum of usdt

sndr_krisztian What a tool ,payed off the debt with the coins it held ransom, with your money btw.

sndr_krisztian Shitcoiners out shitcoining

sndr_krisztian Shitcoin shitshow

sndr_krisztian This why aave had a mini pump this afternoon?

sndr_krisztian Nothing exclusive it’s on chain visible

Thanks you veryy much_,, edt

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