Monday, November 25, 2024



It appears that embattled crypto lender Celsius is wasting no time in shifting its staking tokens from liquid staking platform Lido, which has just enabled withdrawals.

On May 15, a transaction was identified on Celsius wallets for 428,015 stETH (Lido staked Ether) to the Lido staked Ethereum wallet. The whopping stash was worth $781 million at the time of transfer, which some believe is in preparation for withdrawal.

Celsius stETH transfer. Source: Etherscan