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‘Staked Ether’ Becomes Focus of Crypto Stress, From Celsius to Three Arrows

Celsius, a crypto lender that has come under scrutiny since it froze withdrawals last weekend, citing “extreme market conditions,” holds 409,260 stETH tokens, worth about $470 million at current prices, according to data provided by Ape Board, a portfolio tracker from the blockchain analysis firm Nansen.

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