Post
Topic
Board Bitcoin Discussion
Topic OP
Less Worry: Celcius paid off its $114 million Bitcoin-backed loan in 24 hours.
by
Mark301
on 06/07/2022, 07:46:24 UTC
Users of the crypto lending platform have finally felt some relief following Celcius Network's announcement that it has paid a total of $114 Million of its Bitcoin loan in the last 24 hours, lowering its liquidation price to $4,967

This means that the Bitcoin price must fall below $4,967 before Celcius is liquidated.


Source/Continue Reading: https://mycryptoparadise.com/less-anxiety-as-celcius-paid-114-million-of-its-bitcoin-backed-loan-in-24-hours/