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TechFlow news: Celsius Network announced in a tweet that it has initiated the process of recalling and rebalancing assets to ensure liquidity.
Celsius will unlock its existing ETH holdings, which have provided valuable staking rewards revenue to the platform, helping offset certain costs incurred during the restructuring process.
The large-scale unlocking event in the coming days will release ETH to ensure timely distribution to creditors.
Celsius Network has posted a tweet announcing that, to ensure asset liquidity, Celsius has initiated the process of recalling and rebalancing assets. Celsius will unlock its existing ETH holdings—assets that have provided valuable staking rewards to the platform—to offset certain costs incurred during the restructuring process. The large-scale unlocking event in the coming days will release ETH to ensure timely distribution to creditors.
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