News 
Alameda Research’s Recent Alleged stETH Selloff Puts Celsius Network in Trouble
□ Jun 10 2022 □
Published
at Ethereum World News
under tags
almeda research
celsius network
crypto
cryptocurrency
ethereum
Analysts in the market are worried that Celsius Network may be running out of liquid funds to pay back investors. Alameda Research recently redeemed 50,000 stETH for ETH, and the worries are this will affect the stETH/ETH peg. Any incident in the DeFi market will draw extra attention, given the effect Terra UST crash had on the market. Celsius Network appears to be...