Celsius’ Liquidations Could be 'Significant' for the Altcoin Market: Kaiko

📆 7/10/2023 9:18 PM
📰 CoinDesk

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Bankrupt crypto lender Celsius has received court approval to convert its altcoin holdings to the more liquid $BTC and $ETH. The move could significantly impact the altcoin market. Watch Chart of the Day explain the data, sponsored by cryptocom:

Bankrupt crypto lender Celsius received an approval from the court to convert its altcoin holdings to bitcoin and ether as part of its restructuring plan.

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