TechFlow news, according to Cointelegraph, the now-bankrupt cryptocurrency lending firm Celsius transferred 428,015 stETH (worth approximately $781 million) from a Celsius wallet to a Lido staked Ethereum wallet on May 15.
Bitcoin pioneer and Celsius creditor Simon Dixon said that Celsius might be directly staking without using the Lido platform, or this could be part of Celsius' reorganization plan involving loan collateral.
Additionally, blockchain intelligence firm Arkham Intelligence noted that last week Celsius transferred 40,928 ETH to a smart contract named "Figment ETH2 Beacon Depositor 1." According to Etherscan data, these assets were subsequently moved to the Ethereum Beacon Chain deposit contract on May 12.
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