Celsius transferred over 125 million USD worth of ETH to cryptocurrency exchanges in the past week

According to a report by Cointelegraph, Arkham Intelligence data shows that Celsius, a troubled cryptocurrency lending institution in the process of repaying creditors, transferred over $125 million worth of ETH to crypto exchanges during the past week (January 8th to 12th). Among them, Celsius transferred $95.5 million worth of ETH to Coinbase and $29.7 million worth of ETH to FalconX.

However, Celsius still holds over 550,000 ETH on its books, with a value of up to $1.36 billion at the time of writing.