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The Over

Celsius repays $120 million stablecoin debt to Maker protocol

This month Celsius paid down 183M DAI owed to MakerDAO and withdrew 2,000 Wrapped Bitcoin, worth nearly $21M, according to DeFi Explore, an analytics platform.

The over-extended lending platform paid $183.6 million debt in DAI stablecoin since July 1st to Maker DAO. The latter is also a lending platform but decentralized, currently

Celsius

Celsius Repays Substantial Amount Of Its Outstanding Debt To

Celsius (CEL) has repaid a substantial amount of its outstanding debt to Maker (MKR) protocol since the beginning of the month, signaling that the troubled crypto lending

Crypto staking and lending platform Celsius has reportedly repaid $142.8 million in Dai (DAI) stablecoins to the Maker (MKR) protocol in four separate transactions

Celsius Repaid $183.6M to MakerDAO in July But Crypto Lender

Celsius pays down 143 mn in DAI loans since July 1 - Forbes India

What Happened to Celcius Network? - Moralis Academy

On

Celsius Pays Down 183M DAI in Debt to Stave Off Liquidation

On-chain data suggests that Celsius’ obligations are complex and it maintains collateralized loans on multiple lending protocols. The firm still owes $82 million to Maker, $100 million to

Today someone opened a position of 17,919 WBTC on Maker to borrow $278 million of DAI and there is speculation that it may be Celsius Network. ???? Celsius Network

Has Celsius Network Borrowed $278 Million From Maker?