Celsius Network Moves $24M Ethereum to Coinbase, Recovery In View?

Celsius Network recently completed a substantial financial transaction, transferring 8,091 Ethereum tokens to Coinbase. Valued at approximately $24.5 million, this transfer occurred with Ethereum, priced at $3,022 per token. It represents the largest deposit made by the cryptocurrency lending platform to the exchange in the past three months. This move is part of Celsius Network‘s broader strategy to manage its assets actively during a critical phase of recovery.