Home Guides Ether Price May Rise After Defunct Crypto Lender Celsius Says It Will Unstake Its ETH Holdings

Ether Price May Rise After Defunct Crypto Lender Celsius Says It Will Unstake Its ETH Holdings

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Ether Price May Rise After Defunct Crypto Lender Celsius Says It Will Unstake Its ETH Holdings

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“Celsius will unstake existing ETH holdings, which have provided valuable staking rewards income to the estate, to offset certain costs incurred throughout the restructuring process,” the firm said in an X post. “The significant unstaking activity in the next few days will unlock ETH to ensure timely distributions to creditors.”

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