📈Celsius Network's strategic shift of a whopping $40M worth of ETH to Coinbase amid market downturn has investors buzzing! 🐝 This move is part of a broader plan to liquidate assets & address creditor obligations. 💼
Since Nov 2023, Celsius has moved a staggering 280,760 ETH ($621M) to various platforms, showcasing a calculated approach during bankruptcy proceedings. 🌐 Ethereum's price dipped below $2,300, but signs of resilience are visible as it recently traded at $2,239.26. 📉🔜📈
Meanwhile, Binance's role in the crypto ecosystem is also crucial, with Celsius transferring 34.8M Polygon tokens ($26M) to the platform. 🌍 As the market evolves, the actions of Celsius, Ethereum, and Coinbase will be closely watched, shaping the future of the crypto world. 🚀