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Breaking: Is Celsius Selling All Withdrawn stETH To Coinbase Custody?

source-logo  coingape.com 13 July 2022 11:17, UTC

Beleaguered crypto lender Celsius has now withdrawn all staked Ethereum (stETH) collateral after repaying its USDC loan completely on Aave and sent it all to another address. In fact, the address seems to be of Coinbase Custody after CEO Ryan Bozarth hints they bought stETH from the crypto lender at discount.

coingape.com