Another unexploded bomb

Celsius was shocked to lose at least 35,000 ETH in an accident last year, and the platform’s ETH liquidity may face a run

source

In June last year, a staking service provider named Stakehound lost about 38,000 ETH due to the loss of private keys, while CeFi platform Celsius was the biggest victim in the incident, with over 40,000 Stakehound stETH. Dirty Bubble Media, an overseas self-media, traced the data on the chain and found that the platform lost at least 35,000 ETH in this incident, and Celsius has never actively disclosed the matter in the past year.

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Only 27% of the ether currently managed by the Celsius platform is ETH spot, and the other 73% is ETH2 pledge and stETH. Although these assets are not risky in the long run, it is still necessary to pay attention to the occurrence of run problems in the short term. According to the current rate of ETH outflow from Celsius platform (50,000 ETH outflow per week), ETH liquidity may be exhausted in about five weeks.

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Looks like there's another run and remittance

Now it's being trampled again