an hour ago they dumped 30k stETH and reduced all AAVE positionsīut hawkeyed observers have noted Celsius was not the largest seller of stETH over the past several days - not by a long shot. Zhu took every coin and # tag out of his bio Kyle and Zhu havent tweeted or liked anything in days Trouble began to swirl earlier in the week, after 3AC's Zhu removed all mention of investments in ETH, Avalanche, Terra, Solana, Near Protocol, Mina, DeFi and NFTs from his Twitter bio, as noted by Cointelegraph. This morning they took about ~1m out of our accounts. We trade in one of 3AC's trading accounts. This morning they took about out of our accounts," adding "I hope you pay us back asap." ![]() Meanwhile, Danny Yuan of Hong Kong–based cryptocurrency trading firm 8 Blocks Capital wrote in a post: "We trade in one of 3AC’s trading accounts. We are in the process of communicating with relevant parties and fully committed to working this outĬracks began to form after stETH - which has historically traded with ETH - began to "de-peg" last week, causing the Celsius Network - a "centralized, one-stop-shop for crypto investors and traders" - to freeze customer assets so that it could "honor, over time, its wathdrawal obligations." The firm, which has backed Avalanche, Solana, Terra and a $100M NFT fund launched last August, did not immediately respond to a request for comment. On Twitter, co-founder Su Zhu said that his firm is in touch with counterparties and is committed to resolving the situation.
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