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 running out of liquid funds to pay back investors who are redeeming their positions on the platform. […]
