Celsius Network has made several loan repayments to reduce the threshold at which it would be forcibly liquidated.

In the past couple of days alone, Celsius repaid some $120 million to Maker, while crypto researcher Plan C also indicated the firm paid a combined $67 million in debt to Aave and Compound on July 2. The vault now has an outstanding loan of over $82 million. Its collateralization ratio has also risen to 577.81 percent, meaning less risk to its lenders.

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