Can someone explain how the market impacts celsius? If i

Question

Can someone explain how the market impacts celsius? If i

house a crypto currency and it goes down, the user wears the drop in price not celsius. Why are they struggling? If they turned all the alts to eth or btc. They would surely have more capital as the alts have dropped more. Please explain.

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28.06.2022

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A A

Leveraged fund, they got liquidated on some loans

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28.06.2022

A A

Elizo
also lots of exposure to luna/ust & stETH

False. Little UST exposure, and steth isn't a big deal

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28.06.2022

Elizo

A A
False. Little UST exposure, and steth isn't a big ...

so whats causing their problems then ? over leveraged as degens do?

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28.06.2022

Elizo · Accepted Answer

Elizo

also lots of exposure to luna/ust & stETH

0

28.06.2022

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Can someone explain how the market impacts celsius? If i

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