Hey all, just trying to make sense of the paying

Question

Hey all, just trying to make sense of the paying

back of debts like the Maker one. I think it’s great news that celsius is bringing down their liquidity prices, but I’m not fully sure what the implications are. Is this generally good news regarding the future of the company or is it possible (as I’ve seen some people say) that they’re clearing out their positions before moving to bankruptcy? Sorry if that’s a dumb question but just trying to make sense of things in a FUD-ridden environment. Cheers!

0

05.07.2022

4 ответов

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Adam

Seems to be I asked the question earlier and the response seems positive 😁 careful though I think the admin gave me a warning for FUD questioning it!

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05.07.2022

Random Block

Same me. I am not so confident this is good news as some people think. If they have sold assets at these low prices to achieve this, it is not good news.

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05.07.2022

JCherk

Random Block
Same me. I am not so confident this is good news a...

Not too much on chain showing Celsius is selling assets at these prices...it is probably deployed capital coming back into Celsius' wallet

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05.07.2022

JCherk · Accepted Answer

JCherk

It could be eitherway...because they are freeing up collateral that is more valuable than the loan it's self...Zach mentioned an announcement (sounded like it was soon...just my take) so I think it is positive

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05.07.2022

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Hey all, just trying to make sense of the paying

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