According to Lookonchain Celsius Network, has initiated the sale of various altcoins, along with a simultaneous swap for Bitcoin (BTC) and Ethereum (ETH). Notable transactions involving altcoin transfers to FalconX and a deposit into OKEx.
Celsius’ altcoin asset sales have seen a considerable volume of cryptocurrencies transferred to FalconX. Among the notable transfers are:
| Cryptocurrency | Quantity | Approximate Value (USD) |
|---|---|---|
| LINK | 1.27 million | $8.5 million |
| SNX | 2.83 million | $7.84 million |
| BNB | 12,597 | $3 million |
| 1INCH | 4.45 million | $2.26 million |
| ZRX | 8.53 million | $1.9 million |
| FTT | 439,000 | $713,000 |
| BONE | 186,149 | $235,000 |
These transfers highlight Celsius’ efforts to liquidate a significant portion of its altcoin holdings.
In addition to the transfers made to FalconX, Celsius also deposited a substantial amount of altcoins into OKEx. The deposited asset, comprising 186,149 BONE, is valued at approximately $235,000.
Celsius’ recent altcoin asset sales align with its reported strategy of swapping altcoins for Bitcoin (BTC) and Ethereum (ETH).
A transfer of 1,393 StaFi (rETH) to Wintermute Trading, resulting in the receipt of an equivalent amount of ETH (1,393 ETH).
– Celsius currently holds approximately $164.5 million worth of altcoins on the Ethereum Virtual Machine (EVM) chain.
