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|
|1INCH||4.45 million||$2.26 million|
|ZRX||8.53 million||$1.9 million|
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.