Celsius to Unstake Thousands of Ether, Potentially Easing Selling Pressure on ETH - Qoneqt
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    Sonal Shridhar Shinde in Crypto News

    05 Jan 03:53 PM


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    Celsius to Unstake Thousands of Ether, Potentially Easing Selling Pressure on ETH

    In a move set to influence Ethereum's market dynamics, Celsius announces plans to unstake a substantial amount of Ether, offering a potential alleviation of selling pressure on the cryptocurrency. The decision comes amid a backdrop of market scrutiny, and the unstaking initiative is poised to have a significant impact on Ethereum's liquidity. As Celsius takes steps to optimize its holdings, the crypto community keenly observes the potential effects on Ether's price and market sentiment. This development adds a layer of intrigue to the ongoing narrative surrounding Ethereum and underscores the interconnected nature of crypto platforms in shaping market trends. :arrows_counterclockwise::chart:

    #Celsius #Ethereum #CryptoMarketUpdate
    Source: Coindesk