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Celsius Network and FTX Continue Asset Liquidation

In 2022, the crypto lending company Celsius Network and the cryptocurrency exchange FTX made headlines with their bankruptcies, shaking the market. The asset sales of both companies are ongoing. On-chain data provider Spot On Chain reported that in the last 10 hours, both institutions transferred assets worth $59.06 million to centralized cryptocurrency exchanges. According to the latest findings by Spot On Chain, Celsius Network and FTX have moved 6 altcoins worth $59.06 million to centralized cryptocurrency exchanges in the last 10 hours. Following the sale of ETH worth $50.78 million, Celsius Network has 30,969 ETH left, valued at $90.9 million.

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