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See like this. What happens to your loan if you

fail to add collateral? That is what is going to happen to Celsius if they can keep adding collateral. If they enable withdrawals and everyone tries to take the money out they won't have money for collateral. Now your funds are their if they need to add them to collateral. No margin call, users loans are 300% over-collateralized, they just need some time. If crypto prices start to go up slightly it will make this situation faster to resolve.

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It wouldn’t because people staked BTC, ETh etc

Well Said... 👍🏽

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