Ethereum Faces Market Tremors As Celsius Offloads $1 Billion in ETH

Ethereum (ETH) is about witnessing a potential sell-off worth $1 billion. This significant transaction is rooted in actions by Celsius, a bankrupt crypto lender. Reports from on-chain analyst Lookonchain indicate that Celsius initiated the transfer of 459,561 ETH, estimated to be worth around $1.014 billion, to various exchanges. The breakdown of this large-scale distribution includes 297,454... source: https://www.newsbtc.com/news/ethereum/ethereum-faces-market-tremors-as-celsius-offloads-1-billion-in-eth/