Crypto
Ether Price May Rise After Defunct Crypto Lender Celsius Says It Will Unstake Its ETH Holdings
![](https://blacknewsdaily.com/wp-content/uploads/2024/01/SWBQMTQIU5CWFGCA72HAYHBH2M-780x470.jpg)
“Celsius will unstake existing ETH holdings, which have provided valuable staking rewards income to the estate, to offset certain costs incurred throughout the restructuring process,” the firm said in an X post. “The significant unstaking activity in the next few days will unlock ETH to ensure timely distributions to creditors.”