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Ethereum World News 2022-07-11 18:43:57

Celsius Network Withdraws 6k Wrapped BTC Worth $124M from Aave

Summary: Celsius Network has withdrawn 6,083 Wrapped Bitcoin worth $124 million from Aave. Celsius Network also repaid $78 million in USDC to Aave. The lending platform has been winding down on its DeFi positions since mid-June. The financially embattled DeFi lending protocol Celsius Network has withdrawn 6,083 Wrapped Bitcoin worth $124 million from the Aave Protocol. According to a report by the block, the Wrapped Bitcoin was sent to an Ethereum address ‘that is known to regularly interact with centralized […]

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