TechFlow reports, according to on-chain analyst Yu Jin, Celsius transferred over 50 altcoins (worth approximately $72 million) to the 0x413 address eight hours ago, likely preparing to sell these altcoins for BTC and ETH.
It has been confirmed that 1,393 StaFi (rETH) were already swapped for 1,393 ETH via Wintermute and transferred back to the Celsius address. Previously, Celsius received court approval to begin converting altcoins into BTC and ETH starting July 1.




