Celsius paid off part of the loan, and the price of Cel rose more than 7 times.

The Celsius interest collection platform has frozen user withdrawals since June 13, and then there was a lot of bad news. At that time, it was revealed that there were still 23,000 bitcoin collaterals in the Maker contract, and the loan amount was as high as 278 million US dollars. It went bankrupt, but strangely, the price of Cel’s currency rose from the lowest level of about $0.13 to about $1, an increase of more than 7 times, which is estimated to be related to its continuous loan repayment.

Recently, Celsius continued to transfer 24,462 WBTC (about 530 million US dollars) to the FTX exchange. The official did not announce whether the funds will be used to repay the loan or repay the user, but the community speculated that Celsius may plan to sell these WBTC, obtaining liquid assets and giving priority to meeting the withdrawal needs of creditors can be said to be good news for Celsius. After all, more than a week ago, everyone was still worried that Celsius was about to go bankrupt. The price of the currency has secretly risen more than 7 times from the lowest level.

【Personal website】

Join the Little K Telegram group to get the latest news: https://bit.ly/littlekxtelegram

Follow Little K IG: https://bit.ly/ig-littleksroad

Little K's personal website: https://littleksroad.com/

Food Sharing: https://bit.ly/littleksroadxfoodie

Life experience: https://bit.ly/littlekslife

Passive Income: https://bit.ly/littlekxincome

【Cryptocurrency】

20% discount on Binance virtual currency exchange fees: https://bit.ly/3iP5vyo

FTX exchange 5% permanent fee-free: https://bit.ly/ftx-pro

Get $10USD and buy your own permanent domain name: https://bit.ly/3E6gYER

【Cold wallet recommendation】

Safepal cryptocurrency cold wallet, 30% off for a limited time: https://bit.ly/littlekxsafepal

French Ledger series, the world's best-selling cryptocurrency hardware wallet: https://bit.ly/littlekxledger

Coolwallet Pro, a cold wallet for safe storage of cryptocurrencies and high interest rates: https://bit.ly/coolwallet-pro

The highest specification hardware wallet--Trezor: https://bit.ly/trezor-coldwallet

【Passive Income】

AAX 7-day regular 60% annual interest rate: https://littleksroad.com/littlek/2808

Interest collection platform NEXO up to 12% annual interest rate, receive $25 BTC welcome: https://littleksroad.com/littlek/2900

BlockFi Deposit to receive up to $250 BTC Welcome: https://littleksroad.com/littlek/3251

Join the metaverse digital asset platform WhaleFin to claim your $25 BTC new user exclusive benefits: https://littleksroad.com/littlek/3007

Use your computer to mine and automatically earn USD income (no graphics card required): bit.ly/loadteams

Become a Youtuber and earn extra income: https://littleksroad.com/littlek/2215

Join Potato Media, write articles, like, comment to earn extra income (100 points for free): https://littleksroad.com/littlek/3376

【stock】

Webull Hong Kong stocks and US stocks have zero commission, and send stocks for a limited time: http://bit.ly/webull-littleksroad

IB account opening discount, get up to $2100HKD HKTVmall cash coupon: https://tccapital.app.link/GoUIKpQIClb

Open an account with Futu Niu Niu and get one Apple stock & free commission forever: https://bit.ly/futuxlittlek

TradingView sees orders, draws lines, and selects stocks, all in one software: https://bit.ly/tradingview-graph