Just hours before halting withdrawals, Celsius transferred over $300 million in various cryptocurrencies to FTX without giving a reason.
On-chain data shows that Celsius has sent over 100,000 ETH to FTX in the past few days, as well as 9,500 WBTC. However, the staking and lending platform has also transferred other tokens, including FTT, MATIC, UNI, USDP, and TUSD, to the exchange. Overall, the total amount sent now is around $320 million.
As of writing these lines, Celsius is yet to comment on the transfers. The only communication that came from the team was an officialThis came after the firm had transferred the aforementioned funds to FTX and just hours following an interesting comment made from Celsius CEO – Alex Mashinsky. Answering a Twitter post about potential issues with his platform, Mashinsky asked:why spread FUD and misinformation.
If you are paid for this then let everyone know you are picking sides otherwise our job is to fight Tradfi together…
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