Friday, May 17, 2024
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Celsius Network Clears its Bitcoin Loan, Resetting its Liquidation Price to $0

Summary: Celsius Network has completely paid off its Bitcoin loan, resetting its liquidation price to zero. The lending platform has been paying off its loan on the Maker Protocol since mid-June and after it announced pausing of withdrawals. The complete repayment of its Bitcoin loan could be part of Celsius Network’s restructuring plan

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