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cryptonews 2022-07-12 07:37:00

Celsius Debt Now Down to Around USD 120M After Aave, Compound Repayments

Troubled crypto lender Celsius (CEL) appears to have no intention of being frozen out of the crypto world – and is continuing to take action to avoid possible insolvency as it has been hurriedly repaying the debts it owes. Blockchain analytics data shows that Celsius has recently repaid some USD 78.1m worth of USD coin (USDC) to the lending protocol Aave (AAVE) in a series of transactions. Etherscan data showed that one of the payments made on July 11 to Aave was worth over USD 20m....Read More: Celsius Debt Now Down to Around USD 120M After Aave, Compound Repayments

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