The bankrupt crypto lender moved a whopping 443,961 ETH to Coinbase Prime, Paxos and FalconX wallets over 13 transactions on Jan. 25.
The defunct crypto lending platform Celsius has moved large amounts of Ether (ETH) to centralized exchanges amid expectations that the firm will start repaying creditors in liquid crypto in mid-February.
On Jan. 26, there were several large transactions of Ether from the Celsius Network wallet to deposit wallets for Paxos and Coinbase Prime.
The largest transaction was for 443,961 ETH worth $984 million at the time of the transfer from Celsius to another network-controlled wallet in preparation for moving.
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Source: https://cointelegraph.com/news/celsius-moves-billion-in-ethereum-to-coinbase-paxos