Cathie Wood's Ark Notes Ethereum Arbitrage Opportunity Amid Celsius-Induced Crypto Bloodbath

Benzinga2022-06-14

ZINGER KEY POINTSCelsius paused cryptocurrency withdrawals earlier, citing market conditions41% of the DeFi deployments by Celsius are in Lido's staked ETH product (stETH)stETH trading at significant ...

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Comment（11）

YCLim
·2022-06-15
Nice
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1
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喜慶吉祥好運
·2022-06-14
🧐🤔
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Kel9670ong
·2022-06-14
Crypto are always belong to high risk high return
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1
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Hayz
·2022-06-14
U will see 5k$ ETH in 2 years
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1
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Shawrac
·2022-06-14
Hmmmmmm
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KYLeong
·2022-06-14
Bottom fish?[Thinking]
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2
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MoneyT
·2022-06-14
Wth
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1
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lineasy2
·2022-06-14
Bullshit ! Trying get some one to savage the situation?? No way. Cryptocurrency is failing
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4
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PaladinSir
·2022-06-14
Kkk my
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1
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Muppy
·2022-06-14
Good
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1
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toh156
·2022-06-14
Ok
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1
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This, according to him, could be to fund withdrawal demands of the beleaguered platform’s customers.Downing noted that because Celsius and some other market participants have been selling, stETH is trading at a nearly 6% discount to ETH, creating an arbitrage opportunity for those investors willing to hold stETH until post-merge Ethereum allows withdrawals.Lido Staked ETH To USD/ETH — Courtesy CoinGeckoAt press time, a single stETH fetched approx 0.955 ETH, according to data from CoinGecko.The Lowdown:By pausing withdrawals, Celsius is hoping to buy time so that it can clear its outstanding debts and move out of risky positions but this could result in a worsening of market sentiment, which could dent cryptocurrency prices and invite more regulatory scrutiny, according to Downing.This view was also echoed by GlobalBlock’s Marcus Sotiriou, who pointed out that Celsius’ biggest problem was their $1.5 billion position in stETH, which if it leads to client redemptions could cause the lender to run out of funds.Sotiriou said Celsius was taking out massive loans to pay for redemptions but could run out of funds as early as 5 weeks.","kind":null,"is_publish_news":false,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9055981881,"gmtCreate":1655224461043,"gmtModify":1676535589454,"author":{"id":"3570854002442844","authorId":"3570854002442844","name":"YCLim","avatar":"https://community-static.tradeup.com/news/f8f1fe40879e998d6b05894eec399e51","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":4,"crmLevelSwitch":1,"authorIdStr":"3570854002442844","idStr":"3570854002442844"},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9055981881","repostId":1149193369,"repostType":2,"repost":{"id":"1149193369","pubTimestamp":1655198557,"share":"https://ttm.financial/m/news/1149193369?lang=&edition=fundamental","pubTime":"2022-06-14 17:22","market":"other","language":"en","title":"Cathie Wood's Ark Notes Ethereum Arbitrage Opportunity Amid Celsius-Induced Crypto Bloodbath","url":"https://stock-news.laohu8.com/highlight/detail?id=1149193369","media":"Benzinga","summary":"ZINGER KEY POINTSCelsius paused cryptocurrency withdrawals earlier, citing market conditions41% of t","content":"<html><head></head><body><p><b>ZINGER KEY POINTS</b></p><ul><li>Celsius paused cryptocurrency withdrawals earlier, citing market conditions</li><li>41% of the DeFi deployments by Celsius are in Lido&#39;s staked ETH product (stETH)</li><li>stETH trading at significant discount to ETH, creating an arbitrage opportunity, says Ark analyst</li></ul><p>Cryptocurrency lending platform<b>Celsius</b>&#39; (CEL) move to halt withdrawals has rocked the already bearish cryptocurrency markets, but <b>Cathie Wood</b>&#39;s <b>Ark Investment Management</b> sees a silver lining in this cloud for patient investors.</p><p><b>Celsius’ Working</b>: Ark analyst <b>Frank Downing</b> in a newsletter said that Celsius&#39; yield is generated through institutional lending, mining, and decentralized finance (DeFi) lending.</p><p>The analyst pointed out that nearly 41% of the DeFi deployments have been deposited in Lido’s liquid staked ether product (stETH), while 30% are in<b>Ethereum’s</b>proof-of-stake deposit contract.</p><p>While the PoS deposit is illiquid, according to Downing, stETH is redeemable at the ratio of 1:1 but can only be exchanged on the open market.</p><p><b>The Opportunity:</b> Celsius is likely moving stETH from its main wallet to FTX-associated wallets, according to Downing. This, according to him, could be to fund withdrawal demands of the beleaguered platform’s customers.</p><p>Downing noted that because Celsius and some other market participants have been selling, stETH is trading at a nearly 6% discount to ETH, creating an arbitrage opportunity for those investors willing to hold stETH until post-merge Ethereum allows withdrawals.</p><p><img src=\"https://static.tigerbbs.com/a9781f8c8e557811f80311415633509b\" tg-width=\"3840\" tg-height=\"3840\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p><i>Lido Staked ETH To USD/ETH — Courtesy CoinGecko</i></p><p>At press time, a single stETH fetched approx 0.955 ETH, according to data from CoinGecko.</p><p><b>The Lowdown:</b>By pausing withdrawals, Celsius is hoping to buy time so that it can clear its outstanding debts and move out of risky positions but this could result in a worsening of market sentiment, which could dent cryptocurrency prices and invite more regulatory scrutiny, according to Downing.</p><p>This view was also echoed by GlobalBlock’s <b>Marcus Sotiriou,</b> who pointed out that Celsius’ biggest problem was their $1.5 billion position in stETH, which if it leads to client redemptions could cause the lender to run out of funds.</p><p>Sotiriou said Celsius was taking out massive loans to pay for redemptions but could run out of funds as early as 5 weeks.</p></body></html>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood's Ark Notes Ethereum Arbitrage Opportunity Amid Celsius-Induced Crypto Bloodbath\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-14 17:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/22/06/27689930/why-cathie-woods-ark-thinks-celsius-troubles-present-an-arbitrage-opportunity-for-the-patient-invest><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ZINGER KEY POINTSCelsius paused cryptocurrency withdrawals earlier, citing market conditions41% of the DeFi deployments by Celsius are in Lido's staked ETH product (stETH)stETH trading at significant ...</p>\n\n<a href=\"https://www.benzinga.com/news/22/06/27689930/why-cathie-woods-ark-thinks-celsius-troubles-present-an-arbitrage-opportunity-for-the-patient-invest\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/news/22/06/27689930/why-cathie-woods-ark-thinks-celsius-troubles-present-an-arbitrage-opportunity-for-the-patient-invest","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149193369","content_text":"ZINGER KEY POINTSCelsius paused cryptocurrency withdrawals earlier, citing market conditions41% of the DeFi deployments by Celsius are in Lido's staked ETH product (stETH)stETH trading at significant discount to ETH, creating an arbitrage opportunity, says Ark analystCryptocurrency lending platformCelsius' (CEL) move to halt withdrawals has rocked the already bearish cryptocurrency markets, but Cathie Wood's Ark Investment Management sees a silver lining in this cloud for patient investors.Celsius’ Working: Ark analyst Frank Downing in a newsletter said that Celsius' yield is generated through institutional lending, mining, and decentralized finance (DeFi) lending.The analyst pointed out that nearly 41% of the DeFi deployments have been deposited in Lido’s liquid staked ether product (stETH), while 30% are inEthereum’sproof-of-stake deposit contract.While the PoS deposit is illiquid, according to Downing, stETH is redeemable at the ratio of 1:1 but can only be exchanged on the open market.The Opportunity: Celsius is likely moving stETH from its main wallet to FTX-associated wallets, according to Downing. This, according to him, could be to fund withdrawal demands of the beleaguered platform’s customers.Downing noted that because Celsius and some other market participants have been selling, stETH is trading at a nearly 6% discount to ETH, creating an arbitrage opportunity for those investors willing to hold stETH until post-merge Ethereum allows withdrawals.Lido Staked ETH To USD/ETH — Courtesy CoinGeckoAt press time, a single stETH fetched approx 0.955 ETH, according to data from CoinGecko.The Lowdown:By pausing withdrawals, Celsius is hoping to buy time so that it can clear its outstanding debts and move out of risky positions but this could result in a worsening of market sentiment, which could dent cryptocurrency prices and invite more regulatory scrutiny, according to Downing.This view was also echoed by GlobalBlock’s Marcus Sotiriou, who pointed out that Celsius’ biggest problem was their $1.5 billion position in stETH, which if it leads to client redemptions could cause the lender to run out of funds.Sotiriou said Celsius was taking out massive loans to pay for redemptions but could run out of funds as early as 5 weeks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9052763576,"gmtCreate":1655213231795,"gmtModify":1676535584654,"author":{"id":"4098522127473930","authorId":"4098522127473930","name":"喜慶吉祥好運","avatar":"https://community-static.tradeup.com/news/5083d220f7325633a1da1ad24c3b58d8","vip":1,"crmLevel":4,"crmLevelSwitch":0,"authorIdStr":"4098522127473930","idStr":"4098522127473930"},"htmlText":"🧐🤔","listText":"🧐🤔","text":"🧐🤔","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9052763576","repostId":1149193369,"repostType":4,"repost":{"id":"1149193369","pubTimestamp":1655198557,"share":"https://ttm.financial/m/news/1149193369?lang=&edition=fundamental","pubTime":"2022-06-14 17:22","market":"other","language":"en","title":"Cathie Wood's Ark Notes Ethereum Arbitrage Opportunity Amid Celsius-Induced Crypto Bloodbath","url":"https://stock-news.laohu8.com/highlight/detail?id=1149193369","media":"Benzinga","summary":"ZINGER KEY POINTSCelsius paused cryptocurrency withdrawals earlier, citing market conditions41% of t","content":"<html><head></head><body><p><b>ZINGER KEY POINTS</b></p><ul><li>Celsius paused cryptocurrency withdrawals earlier, citing market conditions</li><li>41% of the DeFi deployments by Celsius are in Lido&#39;s staked ETH product (stETH)</li><li>stETH trading at significant discount to ETH, creating an arbitrage opportunity, says Ark analyst</li></ul><p>Cryptocurrency lending platform<b>Celsius</b>&#39; (CEL) move to halt withdrawals has rocked the already bearish cryptocurrency markets, but <b>Cathie Wood</b>&#39;s <b>Ark Investment Management</b> sees a silver lining in this cloud for patient investors.</p><p><b>Celsius’ Working</b>: Ark analyst <b>Frank Downing</b> in a newsletter said that Celsius&#39; yield is generated through institutional lending, mining, and decentralized finance (DeFi) lending.</p><p>The analyst pointed out that nearly 41% of the DeFi deployments have been deposited in Lido’s liquid staked ether product (stETH), while 30% are in<b>Ethereum’s</b>proof-of-stake deposit contract.</p><p>While the PoS deposit is illiquid, according to Downing, stETH is redeemable at the ratio of 1:1 but can only be exchanged on the open market.</p><p><b>The Opportunity:</b> Celsius is likely moving stETH from its main wallet to FTX-associated wallets, according to Downing. This, according to him, could be to fund withdrawal demands of the beleaguered platform’s customers.</p><p>Downing noted that because Celsius and some other market participants have been selling, stETH is trading at a nearly 6% discount to ETH, creating an arbitrage opportunity for those investors willing to hold stETH until post-merge Ethereum allows withdrawals.</p><p><img src=\"https://static.tigerbbs.com/a9781f8c8e557811f80311415633509b\" tg-width=\"3840\" tg-height=\"3840\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p><i>Lido Staked ETH To USD/ETH — Courtesy CoinGecko</i></p><p>At press time, a single stETH fetched approx 0.955 ETH, according to data from CoinGecko.</p><p><b>The Lowdown:</b>By pausing withdrawals, Celsius is hoping to buy time so that it can clear its outstanding debts and move out of risky positions but this could result in a worsening of market sentiment, which could dent cryptocurrency prices and invite more regulatory scrutiny, according to Downing.</p><p>This view was also echoed by GlobalBlock’s <b>Marcus Sotiriou,</b> who pointed out that Celsius’ biggest problem was their $1.5 billion position in stETH, which if it leads to client redemptions could cause the lender to run out of funds.</p><p>Sotiriou said Celsius was taking out massive loans to pay for redemptions but could run out of funds as early as 5 weeks.</p></body></html>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood's Ark Notes Ethereum Arbitrage Opportunity Amid Celsius-Induced Crypto Bloodbath</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood's Ark Notes Ethereum Arbitrage Opportunity Amid Celsius-Induced Crypto Bloodbath\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-14 17:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/22/06/27689930/why-cathie-woods-ark-thinks-celsius-troubles-present-an-arbitrage-opportunity-for-the-patient-invest><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ZINGER KEY POINTSCelsius paused cryptocurrency withdrawals earlier, citing market conditions41% of the DeFi deployments by Celsius are in Lido's staked ETH product (stETH)stETH trading at significant ...</p>\n\n<a href=\"https://www.benzinga.com/news/22/06/27689930/why-cathie-woods-ark-thinks-celsius-troubles-present-an-arbitrage-opportunity-for-the-patient-invest\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/news/22/06/27689930/why-cathie-woods-ark-thinks-celsius-troubles-present-an-arbitrage-opportunity-for-the-patient-invest","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149193369","content_text":"ZINGER KEY POINTSCelsius paused cryptocurrency withdrawals earlier, citing market conditions41% of the DeFi deployments by Celsius are in Lido's staked ETH product (stETH)stETH trading at significant discount to ETH, creating an arbitrage opportunity, says Ark analystCryptocurrency lending platformCelsius' (CEL) move to halt withdrawals has rocked the already bearish cryptocurrency markets, but Cathie Wood's Ark Investment Management sees a silver lining in this cloud for patient investors.Celsius’ Working: Ark analyst Frank Downing in a newsletter said that Celsius' yield is generated through institutional lending, mining, and decentralized finance (DeFi) lending.The analyst pointed out that nearly 41% of the DeFi deployments have been deposited in Lido’s liquid staked ether product (stETH), while 30% are inEthereum’sproof-of-stake deposit contract.While the PoS deposit is illiquid, according to Downing, stETH is redeemable at the ratio of 1:1 but can only be exchanged on the open market.The Opportunity: Celsius is likely moving stETH from its main wallet to FTX-associated wallets, according to Downing. This, according to him, could be to fund withdrawal demands of the beleaguered platform’s customers.Downing noted that because Celsius and some other market participants have been selling, stETH is trading at a nearly 6% discount to ETH, creating an arbitrage opportunity for those investors willing to hold stETH until post-merge Ethereum allows withdrawals.Lido Staked ETH To USD/ETH — Courtesy CoinGeckoAt press time, a single stETH fetched approx 0.955 ETH, according to data from CoinGecko.The Lowdown:By pausing withdrawals, Celsius is hoping to buy time so that it can clear its outstanding debts and move out of risky positions but this could result in a worsening of market sentiment, which could dent cryptocurrency prices and invite more regulatory scrutiny, according to Downing.This view was also echoed by GlobalBlock’s Marcus Sotiriou, who pointed out that Celsius’ biggest problem was their $1.5 billion position in stETH, which if it leads to client redemptions could cause the lender to run out of funds.Sotiriou said Celsius was taking out massive loans to pay for redemptions but could run out of funds as early as 5 weeks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9052452617,"gmtCreate":1655206685339,"gmtModify":1676535582749,"author":{"id":"3578468158955348","authorId":"3578468158955348","name":"Kel9670ong","avatar":"https://static.tigerbbs.com/bd86c42e207fbd94e7f8877a29457d71","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3578468158955348","idStr":"3578468158955348"},"htmlText":"Crypto are always belong to high risk high return","listText":"Crypto are always belong to high risk high return","text":"Crypto are always belong to high risk high return","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9052452617","repostId":1149193369,"repostType":4,"repost":{"id":"1149193369","pubTimestamp":1655198557,"share":"https://ttm.financial/m/news/1149193369?lang=&edition=fundamental","pubTime":"2022-06-14 17:22","market":"other","language":"en","title":"Cathie Wood's Ark Notes Ethereum Arbitrage Opportunity Amid Celsius-Induced Crypto Bloodbath","url":"https://stock-news.laohu8.com/highlight/detail?id=1149193369","media":"Benzinga","summary":"ZINGER KEY POINTSCelsius paused cryptocurrency withdrawals earlier, citing market conditions41% of t","content":"<html><head></head><body><p><b>ZINGER KEY POINTS</b></p><ul><li>Celsius paused cryptocurrency withdrawals earlier, citing market conditions</li><li>41% of the DeFi deployments by Celsius are in Lido&#39;s staked ETH product (stETH)</li><li>stETH trading at significant discount to ETH, creating an arbitrage opportunity, says Ark analyst</li></ul><p>Cryptocurrency lending platform<b>Celsius</b>&#39; (CEL) move to halt withdrawals has rocked the already bearish cryptocurrency markets, but <b>Cathie Wood</b>&#39;s <b>Ark Investment Management</b> sees a silver lining in this cloud for patient investors.</p><p><b>Celsius’ Working</b>: Ark analyst <b>Frank Downing</b> in a newsletter said that Celsius&#39; yield is generated through institutional lending, mining, and decentralized finance (DeFi) lending.</p><p>The analyst pointed out that nearly 41% of the DeFi deployments have been deposited in Lido’s liquid staked ether product (stETH), while 30% are in<b>Ethereum’s</b>proof-of-stake deposit contract.</p><p>While the PoS deposit is illiquid, according to Downing, stETH is redeemable at the ratio of 1:1 but can only be exchanged on the open market.</p><p><b>The Opportunity:</b> Celsius is likely moving stETH from its main wallet to FTX-associated wallets, according to Downing. This, according to him, could be to fund withdrawal demands of the beleaguered platform’s customers.</p><p>Downing noted that because Celsius and some other market participants have been selling, stETH is trading at a nearly 6% discount to ETH, creating an arbitrage opportunity for those investors willing to hold stETH until post-merge Ethereum allows withdrawals.</p><p><img src=\"https://static.tigerbbs.com/a9781f8c8e557811f80311415633509b\" tg-width=\"3840\" tg-height=\"3840\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p><i>Lido Staked ETH To USD/ETH — Courtesy CoinGecko</i></p><p>At press time, a single stETH fetched approx 0.955 ETH, according to data from CoinGecko.</p><p><b>The Lowdown:</b>By pausing withdrawals, Celsius is hoping to buy time so that it can clear its outstanding debts and move out of risky positions but this could result in a worsening of market sentiment, which could dent cryptocurrency prices and invite more regulatory scrutiny, according to Downing.</p><p>This view was also echoed by GlobalBlock’s <b>Marcus Sotiriou,</b> who pointed out that Celsius’ biggest problem was their $1.5 billion position in stETH, which if it leads to client redemptions could cause the lender to run out of funds.</p><p>Sotiriou said Celsius was taking out massive loans to pay for redemptions but could run out of funds as early as 5 weeks.</p></body></html>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood's Ark Notes Ethereum Arbitrage Opportunity Amid Celsius-Induced Crypto Bloodbath\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-14 17:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/22/06/27689930/why-cathie-woods-ark-thinks-celsius-troubles-present-an-arbitrage-opportunity-for-the-patient-invest><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ZINGER KEY POINTSCelsius paused cryptocurrency withdrawals earlier, citing market conditions41% of the DeFi deployments by Celsius are in Lido's staked ETH product (stETH)stETH trading at significant ...</p>\n\n<a href=\"https://www.benzinga.com/news/22/06/27689930/why-cathie-woods-ark-thinks-celsius-troubles-present-an-arbitrage-opportunity-for-the-patient-invest\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/news/22/06/27689930/why-cathie-woods-ark-thinks-celsius-troubles-present-an-arbitrage-opportunity-for-the-patient-invest","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149193369","content_text":"ZINGER KEY POINTSCelsius paused cryptocurrency withdrawals earlier, citing market conditions41% of the DeFi deployments by Celsius are in Lido's staked ETH product (stETH)stETH trading at significant discount to ETH, creating an arbitrage opportunity, says Ark analystCryptocurrency lending platformCelsius' (CEL) move to halt withdrawals has rocked the already bearish cryptocurrency markets, but Cathie Wood's Ark Investment Management sees a silver lining in this cloud for patient investors.Celsius’ Working: Ark analyst Frank Downing in a newsletter said that Celsius' yield is generated through institutional lending, mining, and decentralized finance (DeFi) lending.The analyst pointed out that nearly 41% of the DeFi deployments have been deposited in Lido’s liquid staked ether product (stETH), while 30% are inEthereum’sproof-of-stake deposit contract.While the PoS deposit is illiquid, according to Downing, stETH is redeemable at the ratio of 1:1 but can only be exchanged on the open market.The Opportunity: Celsius is likely moving stETH from its main wallet to FTX-associated wallets, according to Downing. This, according to him, could be to fund withdrawal demands of the beleaguered platform’s customers.Downing noted that because Celsius and some other market participants have been selling, stETH is trading at a nearly 6% discount to ETH, creating an arbitrage opportunity for those investors willing to hold stETH until post-merge Ethereum allows withdrawals.Lido Staked ETH To USD/ETH — Courtesy CoinGeckoAt press time, a single stETH fetched approx 0.955 ETH, according to data from CoinGecko.The Lowdown:By pausing withdrawals, Celsius is hoping to buy time so that it can clear its outstanding debts and move out of risky positions but this could result in a worsening of market sentiment, which could dent cryptocurrency prices and invite more regulatory scrutiny, according to Downing.This view was also echoed by GlobalBlock’s Marcus Sotiriou, who pointed out that Celsius’ biggest problem was their $1.5 billion position in stETH, which if it leads to client redemptions could cause the lender to run out of funds.Sotiriou said Celsius was taking out massive loans to pay for redemptions but could run out of funds as early as 5 weeks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9052459806,"gmtCreate":1655206166006,"gmtModify":1676535582647,"author":{"id":"3576709204489965","authorId":"3576709204489965","name":"Hayz","avatar":"https://static.tigerbbs.com/d87598e3b13004920f673918b320782e","vip":1,"crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"3576709204489965","idStr":"3576709204489965"},"htmlText":"U will see 5k$ ETH in 2 years","listText":"U will see 5k$ ETH in 2 years","text":"U will see 5k$ ETH in 2 years","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9052459806","repostId":1149193369,"repostType":4,"repost":{"id":"1149193369","pubTimestamp":1655198557,"share":"https://ttm.financial/m/news/1149193369?lang=&edition=fundamental","pubTime":"2022-06-14 17:22","market":"other","language":"en","title":"Cathie Wood's Ark Notes Ethereum Arbitrage Opportunity Amid Celsius-Induced Crypto Bloodbath","url":"https://stock-news.laohu8.com/highlight/detail?id=1149193369","media":"Benzinga","summary":"ZINGER KEY POINTSCelsius paused cryptocurrency withdrawals earlier, citing market conditions41% of t","content":"<html><head></head><body><p><b>ZINGER KEY POINTS</b></p><ul><li>Celsius paused cryptocurrency withdrawals earlier, citing market conditions</li><li>41% of the DeFi deployments by Celsius are in Lido&#39;s staked ETH product (stETH)</li><li>stETH trading at significant discount to ETH, creating an arbitrage opportunity, says Ark analyst</li></ul><p>Cryptocurrency lending platform<b>Celsius</b>&#39; (CEL) move to halt withdrawals has rocked the already bearish cryptocurrency markets, but <b>Cathie Wood</b>&#39;s <b>Ark Investment Management</b> sees a silver lining in this cloud for patient investors.</p><p><b>Celsius’ Working</b>: Ark analyst <b>Frank Downing</b> in a newsletter said that Celsius&#39; yield is generated through institutional lending, mining, and decentralized finance (DeFi) lending.</p><p>The analyst pointed out that nearly 41% of the DeFi deployments have been deposited in Lido’s liquid staked ether product (stETH), while 30% are in<b>Ethereum’s</b>proof-of-stake deposit contract.</p><p>While the PoS deposit is illiquid, according to Downing, stETH is redeemable at the ratio of 1:1 but can only be exchanged on the open market.</p><p><b>The Opportunity:</b> Celsius is likely moving stETH from its main wallet to FTX-associated wallets, according to Downing. This, according to him, could be to fund withdrawal demands of the beleaguered platform’s customers.</p><p>Downing noted that because Celsius and some other market participants have been selling, stETH is trading at a nearly 6% discount to ETH, creating an arbitrage opportunity for those investors willing to hold stETH until post-merge Ethereum allows withdrawals.</p><p><img src=\"https://static.tigerbbs.com/a9781f8c8e557811f80311415633509b\" tg-width=\"3840\" tg-height=\"3840\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p><i>Lido Staked ETH To USD/ETH — Courtesy CoinGecko</i></p><p>At press time, a single stETH fetched approx 0.955 ETH, according to data from CoinGecko.</p><p><b>The Lowdown:</b>By pausing withdrawals, Celsius is hoping to buy time so that it can clear its outstanding debts and move out of risky positions but this could result in a worsening of market sentiment, which could dent cryptocurrency prices and invite more regulatory scrutiny, according to Downing.</p><p>This view was also echoed by GlobalBlock’s <b>Marcus Sotiriou,</b> who pointed out that Celsius’ biggest problem was their $1.5 billion position in stETH, which if it leads to client redemptions could cause the lender to run out of funds.</p><p>Sotiriou said Celsius was taking out massive loans to pay for redemptions but could run out of funds as early as 5 weeks.</p></body></html>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood's Ark Notes Ethereum Arbitrage Opportunity Amid Celsius-Induced Crypto Bloodbath\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-14 17:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/22/06/27689930/why-cathie-woods-ark-thinks-celsius-troubles-present-an-arbitrage-opportunity-for-the-patient-invest><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ZINGER KEY POINTSCelsius paused cryptocurrency withdrawals earlier, citing market conditions41% of the DeFi deployments by Celsius are in Lido's staked ETH product (stETH)stETH trading at significant ...</p>\n\n<a href=\"https://www.benzinga.com/news/22/06/27689930/why-cathie-woods-ark-thinks-celsius-troubles-present-an-arbitrage-opportunity-for-the-patient-invest\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/news/22/06/27689930/why-cathie-woods-ark-thinks-celsius-troubles-present-an-arbitrage-opportunity-for-the-patient-invest","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149193369","content_text":"ZINGER KEY POINTSCelsius paused cryptocurrency withdrawals earlier, citing market conditions41% of the DeFi deployments by Celsius are in Lido's staked ETH product (stETH)stETH trading at significant discount to ETH, creating an arbitrage opportunity, says Ark analystCryptocurrency lending platformCelsius' (CEL) move to halt withdrawals has rocked the already bearish cryptocurrency markets, but Cathie Wood's Ark Investment Management sees a silver lining in this cloud for patient investors.Celsius’ Working: Ark analyst Frank Downing in a newsletter said that Celsius' yield is generated through institutional lending, mining, and decentralized finance (DeFi) lending.The analyst pointed out that nearly 41% of the DeFi deployments have been deposited in Lido’s liquid staked ether product (stETH), while 30% are inEthereum’sproof-of-stake deposit contract.While the PoS deposit is illiquid, according to Downing, stETH is redeemable at the ratio of 1:1 but can only be exchanged on the open market.The Opportunity: Celsius is likely moving stETH from its main wallet to FTX-associated wallets, according to Downing. This, according to him, could be to fund withdrawal demands of the beleaguered platform’s customers.Downing noted that because Celsius and some other market participants have been selling, stETH is trading at a nearly 6% discount to ETH, creating an arbitrage opportunity for those investors willing to hold stETH until post-merge Ethereum allows withdrawals.Lido Staked ETH To USD/ETH — Courtesy CoinGeckoAt press time, a single stETH fetched approx 0.955 ETH, according to data from CoinGecko.The Lowdown:By pausing withdrawals, Celsius is hoping to buy time so that it can clear its outstanding debts and move out of risky positions but this could result in a worsening of market sentiment, which could dent cryptocurrency prices and invite more regulatory scrutiny, according to Downing.This view was also echoed by GlobalBlock’s Marcus Sotiriou, who pointed out that Celsius’ biggest problem was their $1.5 billion position in stETH, which if it leads to client redemptions could cause the lender to run out of funds.Sotiriou said Celsius was taking out massive loans to pay for redemptions but could run out of funds as early as 5 weeks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9052460770,"gmtCreate":1655204093090,"gmtModify":1676535582180,"author":{"id":"4096363831830380","authorId":"4096363831830380","name":"Shawrac","avatar":"https://community-static.tradeup.com/news/4b57d6b0577b4a1a6c2ad29fb9cfe92f","vip":1,"crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"4096363831830380","idStr":"4096363831830380"},"htmlText":"Hmmmmmm","listText":"Hmmmmmm","text":"Hmmmmmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9052460770","repostId":1149193369,"repostType":4,"repost":{"id":"1149193369","pubTimestamp":1655198557,"share":"https://ttm.financial/m/news/1149193369?lang=&edition=fundamental","pubTime":"2022-06-14 17:22","market":"other","language":"en","title":"Cathie Wood's Ark Notes Ethereum Arbitrage Opportunity Amid Celsius-Induced Crypto Bloodbath","url":"https://stock-news.laohu8.com/highlight/detail?id=1149193369","media":"Benzinga","summary":"ZINGER KEY POINTSCelsius paused cryptocurrency withdrawals earlier, citing market conditions41% of t","content":"<html><head></head><body><p><b>ZINGER KEY POINTS</b></p><ul><li>Celsius paused cryptocurrency withdrawals earlier, citing market conditions</li><li>41% of the DeFi deployments by Celsius are in Lido&#39;s staked ETH product (stETH)</li><li>stETH trading at significant discount to ETH, creating an arbitrage opportunity, says Ark analyst</li></ul><p>Cryptocurrency lending platform<b>Celsius</b>&#39; (CEL) move to halt withdrawals has rocked the already bearish cryptocurrency markets, but <b>Cathie Wood</b>&#39;s <b>Ark Investment Management</b> sees a silver lining in this cloud for patient investors.</p><p><b>Celsius’ Working</b>: Ark analyst <b>Frank Downing</b> in a newsletter said that Celsius&#39; yield is generated through institutional lending, mining, and decentralized finance (DeFi) lending.</p><p>The analyst pointed out that nearly 41% of the DeFi deployments have been deposited in Lido’s liquid staked ether product (stETH), while 30% are in<b>Ethereum’s</b>proof-of-stake deposit contract.</p><p>While the PoS deposit is illiquid, according to Downing, stETH is redeemable at the ratio of 1:1 but can only be exchanged on the open market.</p><p><b>The Opportunity:</b> Celsius is likely moving stETH from its main wallet to FTX-associated wallets, according to Downing. This, according to him, could be to fund withdrawal demands of the beleaguered platform’s customers.</p><p>Downing noted that because Celsius and some other market participants have been selling, stETH is trading at a nearly 6% discount to ETH, creating an arbitrage opportunity for those investors willing to hold stETH until post-merge Ethereum allows withdrawals.</p><p><img src=\"https://static.tigerbbs.com/a9781f8c8e557811f80311415633509b\" tg-width=\"3840\" tg-height=\"3840\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p><i>Lido Staked ETH To USD/ETH — Courtesy CoinGecko</i></p><p>At press time, a single stETH fetched approx 0.955 ETH, according to data from CoinGecko.</p><p><b>The Lowdown:</b>By pausing withdrawals, Celsius is hoping to buy time so that it can clear its outstanding debts and move out of risky positions but this could result in a worsening of market sentiment, which could dent cryptocurrency prices and invite more regulatory scrutiny, according to Downing.</p><p>This view was also echoed by GlobalBlock’s <b>Marcus Sotiriou,</b> who pointed out that Celsius’ biggest problem was their $1.5 billion position in stETH, which if it leads to client redemptions could cause the lender to run out of funds.</p><p>Sotiriou said Celsius was taking out massive loans to pay for redemptions but could run out of funds as early as 5 weeks.</p></body></html>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood's Ark Notes Ethereum Arbitrage Opportunity Amid Celsius-Induced Crypto Bloodbath\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-14 17:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/22/06/27689930/why-cathie-woods-ark-thinks-celsius-troubles-present-an-arbitrage-opportunity-for-the-patient-invest><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ZINGER KEY POINTSCelsius paused cryptocurrency withdrawals earlier, citing market conditions41% of the DeFi deployments by Celsius are in Lido's staked ETH product (stETH)stETH trading at significant ...</p>\n\n<a href=\"https://www.benzinga.com/news/22/06/27689930/why-cathie-woods-ark-thinks-celsius-troubles-present-an-arbitrage-opportunity-for-the-patient-invest\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/news/22/06/27689930/why-cathie-woods-ark-thinks-celsius-troubles-present-an-arbitrage-opportunity-for-the-patient-invest","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149193369","content_text":"ZINGER KEY POINTSCelsius paused cryptocurrency withdrawals earlier, citing market conditions41% of the DeFi deployments by Celsius are in Lido's staked ETH product (stETH)stETH trading at significant discount to ETH, creating an arbitrage opportunity, says Ark analystCryptocurrency lending platformCelsius' (CEL) move to halt withdrawals has rocked the already bearish cryptocurrency markets, but Cathie Wood's Ark Investment Management sees a silver lining in this cloud for patient investors.Celsius’ Working: Ark analyst Frank Downing in a newsletter said that Celsius' yield is generated through institutional lending, mining, and decentralized finance (DeFi) lending.The analyst pointed out that nearly 41% of the DeFi deployments have been deposited in Lido’s liquid staked ether product (stETH), while 30% are inEthereum’sproof-of-stake deposit contract.While the PoS deposit is illiquid, according to Downing, stETH is redeemable at the ratio of 1:1 but can only be exchanged on the open market.The Opportunity: Celsius is likely moving stETH from its main wallet to FTX-associated wallets, according to Downing. This, according to him, could be to fund withdrawal demands of the beleaguered platform’s customers.Downing noted that because Celsius and some other market participants have been selling, stETH is trading at a nearly 6% discount to ETH, creating an arbitrage opportunity for those investors willing to hold stETH until post-merge Ethereum allows withdrawals.Lido Staked ETH To USD/ETH — Courtesy CoinGeckoAt press time, a single stETH fetched approx 0.955 ETH, according to data from CoinGecko.The Lowdown:By pausing withdrawals, Celsius is hoping to buy time so that it can clear its outstanding debts and move out of risky positions but this could result in a worsening of market sentiment, which could dent cryptocurrency prices and invite more regulatory scrutiny, according to Downing.This view was also echoed by GlobalBlock’s Marcus Sotiriou, who pointed out that Celsius’ biggest problem was their $1.5 billion position in stETH, which if it leads to client redemptions could cause the lender to run out of funds.Sotiriou said Celsius was taking out massive loans to pay for redemptions but could run out of funds as early as 5 weeks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9052482156,"gmtCreate":1655203469875,"gmtModify":1676535582042,"author":{"id":"3585654473355479","authorId":"3585654473355479","name":"KYLeong","avatar":"https://static.tigerbbs.com/111375adba6b10bddbeeb78b9ead7c80","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3585654473355479","idStr":"3585654473355479"},"htmlText":"Bottom fish?[Thinking]&nbsp;","listText":"Bottom fish?[Thinking]&nbsp;","text":"Bottom fish?[Thinking]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9052482156","repostId":1149193369,"repostType":2,"repost":{"id":"1149193369","pubTimestamp":1655198557,"share":"https://ttm.financial/m/news/1149193369?lang=&edition=fundamental","pubTime":"2022-06-14 17:22","market":"other","language":"en","title":"Cathie Wood's Ark Notes Ethereum Arbitrage Opportunity Amid Celsius-Induced Crypto Bloodbath","url":"https://stock-news.laohu8.com/highlight/detail?id=1149193369","media":"Benzinga","summary":"ZINGER KEY POINTSCelsius paused cryptocurrency withdrawals earlier, citing market conditions41% of t","content":"<html><head></head><body><p><b>ZINGER KEY POINTS</b></p><ul><li>Celsius paused cryptocurrency withdrawals earlier, citing market conditions</li><li>41% of the DeFi deployments by Celsius are in Lido&#39;s staked ETH product (stETH)</li><li>stETH trading at significant discount to ETH, creating an arbitrage opportunity, says Ark analyst</li></ul><p>Cryptocurrency lending platform<b>Celsius</b>&#39; (CEL) move to halt withdrawals has rocked the already bearish cryptocurrency markets, but <b>Cathie Wood</b>&#39;s <b>Ark Investment Management</b> sees a silver lining in this cloud for patient investors.</p><p><b>Celsius’ Working</b>: Ark analyst <b>Frank Downing</b> in a newsletter said that Celsius&#39; yield is generated through institutional lending, mining, and decentralized finance (DeFi) lending.</p><p>The analyst pointed out that nearly 41% of the DeFi deployments have been deposited in Lido’s liquid staked ether product (stETH), while 30% are in<b>Ethereum’s</b>proof-of-stake deposit contract.</p><p>While the PoS deposit is illiquid, according to Downing, stETH is redeemable at the ratio of 1:1 but can only be exchanged on the open market.</p><p><b>The Opportunity:</b> Celsius is likely moving stETH from its main wallet to FTX-associated wallets, according to Downing. This, according to him, could be to fund withdrawal demands of the beleaguered platform’s customers.</p><p>Downing noted that because Celsius and some other market participants have been selling, stETH is trading at a nearly 6% discount to ETH, creating an arbitrage opportunity for those investors willing to hold stETH until post-merge Ethereum allows withdrawals.</p><p><img src=\"https://static.tigerbbs.com/a9781f8c8e557811f80311415633509b\" tg-width=\"3840\" tg-height=\"3840\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p><i>Lido Staked ETH To USD/ETH — Courtesy CoinGecko</i></p><p>At press time, a single stETH fetched approx 0.955 ETH, according to data from CoinGecko.</p><p><b>The Lowdown:</b>By pausing withdrawals, Celsius is hoping to buy time so that it can clear its outstanding debts and move out of risky positions but this could result in a worsening of market sentiment, which could dent cryptocurrency prices and invite more regulatory scrutiny, according to Downing.</p><p>This view was also echoed by GlobalBlock’s <b>Marcus Sotiriou,</b> who pointed out that Celsius’ biggest problem was their $1.5 billion position in stETH, which if it leads to client redemptions could cause the lender to run out of funds.</p><p>Sotiriou said Celsius was taking out massive loans to pay for redemptions but could run out of funds as early as 5 weeks.</p></body></html>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood's Ark Notes Ethereum Arbitrage Opportunity Amid Celsius-Induced Crypto Bloodbath\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-14 17:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/22/06/27689930/why-cathie-woods-ark-thinks-celsius-troubles-present-an-arbitrage-opportunity-for-the-patient-invest><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ZINGER KEY POINTSCelsius paused cryptocurrency withdrawals earlier, citing market conditions41% of the DeFi deployments by Celsius are in Lido's staked ETH product (stETH)stETH trading at significant ...</p>\n\n<a href=\"https://www.benzinga.com/news/22/06/27689930/why-cathie-woods-ark-thinks-celsius-troubles-present-an-arbitrage-opportunity-for-the-patient-invest\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/news/22/06/27689930/why-cathie-woods-ark-thinks-celsius-troubles-present-an-arbitrage-opportunity-for-the-patient-invest","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149193369","content_text":"ZINGER KEY POINTSCelsius paused cryptocurrency withdrawals earlier, citing market conditions41% of the DeFi deployments by Celsius are in Lido's staked ETH product (stETH)stETH trading at significant discount to ETH, creating an arbitrage opportunity, says Ark analystCryptocurrency lending platformCelsius' (CEL) move to halt withdrawals has rocked the already bearish cryptocurrency markets, but Cathie Wood's Ark Investment Management sees a silver lining in this cloud for patient investors.Celsius’ Working: Ark analyst Frank Downing in a newsletter said that Celsius' yield is generated through institutional lending, mining, and decentralized finance (DeFi) lending.The analyst pointed out that nearly 41% of the DeFi deployments have been deposited in Lido’s liquid staked ether product (stETH), while 30% are inEthereum’sproof-of-stake deposit contract.While the PoS deposit is illiquid, according to Downing, stETH is redeemable at the ratio of 1:1 but can only be exchanged on the open market.The Opportunity: Celsius is likely moving stETH from its main wallet to FTX-associated wallets, according to Downing. This, according to him, could be to fund withdrawal demands of the beleaguered platform’s customers.Downing noted that because Celsius and some other market participants have been selling, stETH is trading at a nearly 6% discount to ETH, creating an arbitrage opportunity for those investors willing to hold stETH until post-merge Ethereum allows withdrawals.Lido Staked ETH To USD/ETH — Courtesy CoinGeckoAt press time, a single stETH fetched approx 0.955 ETH, according to data from CoinGecko.The Lowdown:By pausing withdrawals, Celsius is hoping to buy time so that it can clear its outstanding debts and move out of risky positions but this could result in a worsening of market sentiment, which could dent cryptocurrency prices and invite more regulatory scrutiny, according to Downing.This view was also echoed by GlobalBlock’s Marcus Sotiriou, who pointed out that Celsius’ biggest problem was their $1.5 billion position in stETH, which if it leads to client redemptions could cause the lender to run out of funds.Sotiriou said Celsius was taking out massive loans to pay for redemptions but could run out of funds as early as 5 weeks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9052490529,"gmtCreate":1655200388061,"gmtModify":1676535581158,"author":{"id":"3560348984799159","authorId":"3560348984799159","name":"MoneyT","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"authorIdStr":"3560348984799159","idStr":"3560348984799159"},"htmlText":"Wth","listText":"Wth","text":"Wth","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9052490529","repostId":1149193369,"repostType":2,"repost":{"id":"1149193369","pubTimestamp":1655198557,"share":"https://ttm.financial/m/news/1149193369?lang=&edition=fundamental","pubTime":"2022-06-14 17:22","market":"other","language":"en","title":"Cathie Wood's Ark Notes Ethereum Arbitrage Opportunity Amid Celsius-Induced Crypto Bloodbath","url":"https://stock-news.laohu8.com/highlight/detail?id=1149193369","media":"Benzinga","summary":"ZINGER KEY POINTSCelsius paused cryptocurrency withdrawals earlier, citing market conditions41% of t","content":"<html><head></head><body><p><b>ZINGER KEY POINTS</b></p><ul><li>Celsius paused cryptocurrency withdrawals earlier, citing market conditions</li><li>41% of the DeFi deployments by Celsius are in Lido&#39;s staked ETH product (stETH)</li><li>stETH trading at significant discount to ETH, creating an arbitrage opportunity, says Ark analyst</li></ul><p>Cryptocurrency lending platform<b>Celsius</b>&#39; (CEL) move to halt withdrawals has rocked the already bearish cryptocurrency markets, but <b>Cathie Wood</b>&#39;s <b>Ark Investment Management</b> sees a silver lining in this cloud for patient investors.</p><p><b>Celsius’ Working</b>: Ark analyst <b>Frank Downing</b> in a newsletter said that Celsius&#39; yield is generated through institutional lending, mining, and decentralized finance (DeFi) lending.</p><p>The analyst pointed out that nearly 41% of the DeFi deployments have been deposited in Lido’s liquid staked ether product (stETH), while 30% are in<b>Ethereum’s</b>proof-of-stake deposit contract.</p><p>While the PoS deposit is illiquid, according to Downing, stETH is redeemable at the ratio of 1:1 but can only be exchanged on the open market.</p><p><b>The Opportunity:</b> Celsius is likely moving stETH from its main wallet to FTX-associated wallets, according to Downing. This, according to him, could be to fund withdrawal demands of the beleaguered platform’s customers.</p><p>Downing noted that because Celsius and some other market participants have been selling, stETH is trading at a nearly 6% discount to ETH, creating an arbitrage opportunity for those investors willing to hold stETH until post-merge Ethereum allows withdrawals.</p><p><img src=\"https://static.tigerbbs.com/a9781f8c8e557811f80311415633509b\" tg-width=\"3840\" tg-height=\"3840\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p><i>Lido Staked ETH To USD/ETH — Courtesy CoinGecko</i></p><p>At press time, a single stETH fetched approx 0.955 ETH, according to data from CoinGecko.</p><p><b>The Lowdown:</b>By pausing withdrawals, Celsius is hoping to buy time so that it can clear its outstanding debts and move out of risky positions but this could result in a worsening of market sentiment, which could dent cryptocurrency prices and invite more regulatory scrutiny, according to Downing.</p><p>This view was also echoed by GlobalBlock’s <b>Marcus Sotiriou,</b> who pointed out that Celsius’ biggest problem was their $1.5 billion position in stETH, which if it leads to client redemptions could cause the lender to run out of funds.</p><p>Sotiriou said Celsius was taking out massive loans to pay for redemptions but could run out of funds as early as 5 weeks.</p></body></html>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood's Ark Notes Ethereum Arbitrage Opportunity Amid Celsius-Induced Crypto Bloodbath\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-14 17:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/22/06/27689930/why-cathie-woods-ark-thinks-celsius-troubles-present-an-arbitrage-opportunity-for-the-patient-invest><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ZINGER KEY POINTSCelsius paused cryptocurrency withdrawals earlier, citing market conditions41% of the DeFi deployments by Celsius are in Lido's staked ETH product (stETH)stETH trading at significant ...</p>\n\n<a href=\"https://www.benzinga.com/news/22/06/27689930/why-cathie-woods-ark-thinks-celsius-troubles-present-an-arbitrage-opportunity-for-the-patient-invest\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/news/22/06/27689930/why-cathie-woods-ark-thinks-celsius-troubles-present-an-arbitrage-opportunity-for-the-patient-invest","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149193369","content_text":"ZINGER KEY POINTSCelsius paused cryptocurrency withdrawals earlier, citing market conditions41% of the DeFi deployments by Celsius are in Lido's staked ETH product (stETH)stETH trading at significant discount to ETH, creating an arbitrage opportunity, says Ark analystCryptocurrency lending platformCelsius' (CEL) move to halt withdrawals has rocked the already bearish cryptocurrency markets, but Cathie Wood's Ark Investment Management sees a silver lining in this cloud for patient investors.Celsius’ Working: Ark analyst Frank Downing in a newsletter said that Celsius' yield is generated through institutional lending, mining, and decentralized finance (DeFi) lending.The analyst pointed out that nearly 41% of the DeFi deployments have been deposited in Lido’s liquid staked ether product (stETH), while 30% are inEthereum’sproof-of-stake deposit contract.While the PoS deposit is illiquid, according to Downing, stETH is redeemable at the ratio of 1:1 but can only be exchanged on the open market.The Opportunity: Celsius is likely moving stETH from its main wallet to FTX-associated wallets, according to Downing. This, according to him, could be to fund withdrawal demands of the beleaguered platform’s customers.Downing noted that because Celsius and some other market participants have been selling, stETH is trading at a nearly 6% discount to ETH, creating an arbitrage opportunity for those investors willing to hold stETH until post-merge Ethereum allows withdrawals.Lido Staked ETH To USD/ETH — Courtesy CoinGeckoAt press time, a single stETH fetched approx 0.955 ETH, according to data from CoinGecko.The Lowdown:By pausing withdrawals, Celsius is hoping to buy time so that it can clear its outstanding debts and move out of risky positions but this could result in a worsening of market sentiment, which could dent cryptocurrency prices and invite more regulatory scrutiny, according to Downing.This view was also echoed by GlobalBlock’s Marcus Sotiriou, who pointed out that Celsius’ biggest problem was their $1.5 billion position in stETH, which if it leads to client redemptions could cause the lender to run out of funds.Sotiriou said Celsius was taking out massive loans to pay for redemptions but could run out of funds as early as 5 weeks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9052406297,"gmtCreate":1655199820419,"gmtModify":1676535581047,"author":{"id":"3555069598699884","authorId":"3555069598699884","name":"lineasy2","avatar":"https://static.tigerbbs.com/f77bf9adce864a735aba6dcb7fd248da","vip":1,"crmLevel":3,"crmLevelSwitch":1,"authorIdStr":"3555069598699884","idStr":"3555069598699884"},"htmlText":"Bullshit ! Trying get some one to savage the situation?? No way. Cryptocurrency is failing","listText":"Bullshit ! Trying get some one to savage the situation?? No way. Cryptocurrency is failing","text":"Bullshit ! Trying get some one to savage the situation?? No way. Cryptocurrency is failing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9052406297","repostId":1149193369,"repostType":2,"repost":{"id":"1149193369","pubTimestamp":1655198557,"share":"https://ttm.financial/m/news/1149193369?lang=&edition=fundamental","pubTime":"2022-06-14 17:22","market":"other","language":"en","title":"Cathie Wood's Ark Notes Ethereum Arbitrage Opportunity Amid Celsius-Induced Crypto Bloodbath","url":"https://stock-news.laohu8.com/highlight/detail?id=1149193369","media":"Benzinga","summary":"ZINGER KEY POINTSCelsius paused cryptocurrency withdrawals earlier, citing market conditions41% of t","content":"<html><head></head><body><p><b>ZINGER KEY POINTS</b></p><ul><li>Celsius paused cryptocurrency withdrawals earlier, citing market conditions</li><li>41% of the DeFi deployments by Celsius are in Lido&#39;s staked ETH product (stETH)</li><li>stETH trading at significant discount to ETH, creating an arbitrage opportunity, says Ark analyst</li></ul><p>Cryptocurrency lending platform<b>Celsius</b>&#39; (CEL) move to halt withdrawals has rocked the already bearish cryptocurrency markets, but <b>Cathie Wood</b>&#39;s <b>Ark Investment Management</b> sees a silver lining in this cloud for patient investors.</p><p><b>Celsius’ Working</b>: Ark analyst <b>Frank Downing</b> in a newsletter said that Celsius&#39; yield is generated through institutional lending, mining, and decentralized finance (DeFi) lending.</p><p>The analyst pointed out that nearly 41% of the DeFi deployments have been deposited in Lido’s liquid staked ether product (stETH), while 30% are in<b>Ethereum’s</b>proof-of-stake deposit contract.</p><p>While the PoS deposit is illiquid, according to Downing, stETH is redeemable at the ratio of 1:1 but can only be exchanged on the open market.</p><p><b>The Opportunity:</b> Celsius is likely moving stETH from its main wallet to FTX-associated wallets, according to Downing. This, according to him, could be to fund withdrawal demands of the beleaguered platform’s customers.</p><p>Downing noted that because Celsius and some other market participants have been selling, stETH is trading at a nearly 6% discount to ETH, creating an arbitrage opportunity for those investors willing to hold stETH until post-merge Ethereum allows withdrawals.</p><p><img src=\"https://static.tigerbbs.com/a9781f8c8e557811f80311415633509b\" tg-width=\"3840\" tg-height=\"3840\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p><i>Lido Staked ETH To USD/ETH — Courtesy CoinGecko</i></p><p>At press time, a single stETH fetched approx 0.955 ETH, according to data from CoinGecko.</p><p><b>The Lowdown:</b>By pausing withdrawals, Celsius is hoping to buy time so that it can clear its outstanding debts and move out of risky positions but this could result in a worsening of market sentiment, which could dent cryptocurrency prices and invite more regulatory scrutiny, according to Downing.</p><p>This view was also echoed by GlobalBlock’s <b>Marcus Sotiriou,</b> who pointed out that Celsius’ biggest problem was their $1.5 billion position in stETH, which if it leads to client redemptions could cause the lender to run out of funds.</p><p>Sotiriou said Celsius was taking out massive loans to pay for redemptions but could run out of funds as early as 5 weeks.</p></body></html>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood's Ark Notes Ethereum Arbitrage Opportunity Amid Celsius-Induced Crypto Bloodbath\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-14 17:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/22/06/27689930/why-cathie-woods-ark-thinks-celsius-troubles-present-an-arbitrage-opportunity-for-the-patient-invest><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ZINGER KEY POINTSCelsius paused cryptocurrency withdrawals earlier, citing market conditions41% of the DeFi deployments by Celsius are in Lido's staked ETH product (stETH)stETH trading at significant ...</p>\n\n<a href=\"https://www.benzinga.com/news/22/06/27689930/why-cathie-woods-ark-thinks-celsius-troubles-present-an-arbitrage-opportunity-for-the-patient-invest\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/news/22/06/27689930/why-cathie-woods-ark-thinks-celsius-troubles-present-an-arbitrage-opportunity-for-the-patient-invest","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149193369","content_text":"ZINGER KEY POINTSCelsius paused cryptocurrency withdrawals earlier, citing market conditions41% of the DeFi deployments by Celsius are in Lido's staked ETH product (stETH)stETH trading at significant discount to ETH, creating an arbitrage opportunity, says Ark analystCryptocurrency lending platformCelsius' (CEL) move to halt withdrawals has rocked the already bearish cryptocurrency markets, but Cathie Wood's Ark Investment Management sees a silver lining in this cloud for patient investors.Celsius’ Working: Ark analyst Frank Downing in a newsletter said that Celsius' yield is generated through institutional lending, mining, and decentralized finance (DeFi) lending.The analyst pointed out that nearly 41% of the DeFi deployments have been deposited in Lido’s liquid staked ether product (stETH), while 30% are inEthereum’sproof-of-stake deposit contract.While the PoS deposit is illiquid, according to Downing, stETH is redeemable at the ratio of 1:1 but can only be exchanged on the open market.The Opportunity: Celsius is likely moving stETH from its main wallet to FTX-associated wallets, according to Downing. This, according to him, could be to fund withdrawal demands of the beleaguered platform’s customers.Downing noted that because Celsius and some other market participants have been selling, stETH is trading at a nearly 6% discount to ETH, creating an arbitrage opportunity for those investors willing to hold stETH until post-merge Ethereum allows withdrawals.Lido Staked ETH To USD/ETH — Courtesy CoinGeckoAt press time, a single stETH fetched approx 0.955 ETH, according to data from CoinGecko.The Lowdown:By pausing withdrawals, Celsius is hoping to buy time so that it can clear its outstanding debts and move out of risky positions but this could result in a worsening of market sentiment, which could dent cryptocurrency prices and invite more regulatory scrutiny, according to Downing.This view was also echoed by GlobalBlock’s Marcus Sotiriou, who pointed out that Celsius’ biggest problem was their $1.5 billion position in stETH, which if it leads to client redemptions could cause the lender to run out of funds.Sotiriou said Celsius was taking out massive loans to pay for redemptions but could run out of funds as early as 5 weeks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9052403428,"gmtCreate":1655199637764,"gmtModify":1676535580984,"author":{"id":"3569713264180526","authorId":"3569713264180526","name":"PaladinSir","avatar":"https://static.tigerbbs.com/cab8fd813c652abf36d2c5f621d1fcaa","vip":1,"crmLevel":7,"crmLevelSwitch":1,"authorIdStr":"3569713264180526","idStr":"3569713264180526"},"htmlText":"Kkk my","listText":"Kkk my","text":"Kkk my","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9052403428","repostId":1149193369,"repostType":2,"repost":{"id":"1149193369","pubTimestamp":1655198557,"share":"https://ttm.financial/m/news/1149193369?lang=&edition=fundamental","pubTime":"2022-06-14 17:22","market":"other","language":"en","title":"Cathie Wood's Ark Notes Ethereum Arbitrage Opportunity Amid Celsius-Induced Crypto Bloodbath","url":"https://stock-news.laohu8.com/highlight/detail?id=1149193369","media":"Benzinga","summary":"ZINGER KEY POINTSCelsius paused cryptocurrency withdrawals earlier, citing market conditions41% of t","content":"<html><head></head><body><p><b>ZINGER KEY POINTS</b></p><ul><li>Celsius paused cryptocurrency withdrawals earlier, citing market conditions</li><li>41% of the DeFi deployments by Celsius are in Lido&#39;s staked ETH product (stETH)</li><li>stETH trading at significant discount to ETH, creating an arbitrage opportunity, says Ark analyst</li></ul><p>Cryptocurrency lending platform<b>Celsius</b>&#39; (CEL) move to halt withdrawals has rocked the already bearish cryptocurrency markets, but <b>Cathie Wood</b>&#39;s <b>Ark Investment Management</b> sees a silver lining in this cloud for patient investors.</p><p><b>Celsius’ Working</b>: Ark analyst <b>Frank Downing</b> in a newsletter said that Celsius&#39; yield is generated through institutional lending, mining, and decentralized finance (DeFi) lending.</p><p>The analyst pointed out that nearly 41% of the DeFi deployments have been deposited in Lido’s liquid staked ether product (stETH), while 30% are in<b>Ethereum’s</b>proof-of-stake deposit contract.</p><p>While the PoS deposit is illiquid, according to Downing, stETH is redeemable at the ratio of 1:1 but can only be exchanged on the open market.</p><p><b>The Opportunity:</b> Celsius is likely moving stETH from its main wallet to FTX-associated wallets, according to Downing. This, according to him, could be to fund withdrawal demands of the beleaguered platform’s customers.</p><p>Downing noted that because Celsius and some other market participants have been selling, stETH is trading at a nearly 6% discount to ETH, creating an arbitrage opportunity for those investors willing to hold stETH until post-merge Ethereum allows withdrawals.</p><p><img src=\"https://static.tigerbbs.com/a9781f8c8e557811f80311415633509b\" tg-width=\"3840\" tg-height=\"3840\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p><i>Lido Staked ETH To USD/ETH — Courtesy CoinGecko</i></p><p>At press time, a single stETH fetched approx 0.955 ETH, according to data from CoinGecko.</p><p><b>The Lowdown:</b>By pausing withdrawals, Celsius is hoping to buy time so that it can clear its outstanding debts and move out of risky positions but this could result in a worsening of market sentiment, which could dent cryptocurrency prices and invite more regulatory scrutiny, according to Downing.</p><p>This view was also echoed by GlobalBlock’s <b>Marcus Sotiriou,</b> who pointed out that Celsius’ biggest problem was their $1.5 billion position in stETH, which if it leads to client redemptions could cause the lender to run out of funds.</p><p>Sotiriou said Celsius was taking out massive loans to pay for redemptions but could run out of funds as early as 5 weeks.</p></body></html>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood's Ark Notes Ethereum Arbitrage Opportunity Amid Celsius-Induced Crypto Bloodbath\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-14 17:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/22/06/27689930/why-cathie-woods-ark-thinks-celsius-troubles-present-an-arbitrage-opportunity-for-the-patient-invest><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ZINGER KEY POINTSCelsius paused cryptocurrency withdrawals earlier, citing market conditions41% of the DeFi deployments by Celsius are in Lido's staked ETH product (stETH)stETH trading at significant ...</p>\n\n<a href=\"https://www.benzinga.com/news/22/06/27689930/why-cathie-woods-ark-thinks-celsius-troubles-present-an-arbitrage-opportunity-for-the-patient-invest\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/news/22/06/27689930/why-cathie-woods-ark-thinks-celsius-troubles-present-an-arbitrage-opportunity-for-the-patient-invest","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149193369","content_text":"ZINGER KEY POINTSCelsius paused cryptocurrency withdrawals earlier, citing market conditions41% of the DeFi deployments by Celsius are in Lido's staked ETH product (stETH)stETH trading at significant discount to ETH, creating an arbitrage opportunity, says Ark analystCryptocurrency lending platformCelsius' (CEL) move to halt withdrawals has rocked the already bearish cryptocurrency markets, but Cathie Wood's Ark Investment Management sees a silver lining in this cloud for patient investors.Celsius’ Working: Ark analyst Frank Downing in a newsletter said that Celsius' yield is generated through institutional lending, mining, and decentralized finance (DeFi) lending.The analyst pointed out that nearly 41% of the DeFi deployments have been deposited in Lido’s liquid staked ether product (stETH), while 30% are inEthereum’sproof-of-stake deposit contract.While the PoS deposit is illiquid, according to Downing, stETH is redeemable at the ratio of 1:1 but can only be exchanged on the open market.The Opportunity: Celsius is likely moving stETH from its main wallet to FTX-associated wallets, according to Downing. This, according to him, could be to fund withdrawal demands of the beleaguered platform’s customers.Downing noted that because Celsius and some other market participants have been selling, stETH is trading at a nearly 6% discount to ETH, creating an arbitrage opportunity for those investors willing to hold stETH until post-merge Ethereum allows withdrawals.Lido Staked ETH To USD/ETH — Courtesy CoinGeckoAt press time, a single stETH fetched approx 0.955 ETH, according to data from CoinGecko.The Lowdown:By pausing withdrawals, Celsius is hoping to buy time so that it can clear its outstanding debts and move out of risky positions but this could result in a worsening of market sentiment, which could dent cryptocurrency prices and invite more regulatory scrutiny, according to Downing.This view was also echoed by GlobalBlock’s Marcus Sotiriou, who pointed out that Celsius’ biggest problem was their $1.5 billion position in stETH, which if it leads to client redemptions could cause the lender to run out of funds.Sotiriou said Celsius was taking out massive loans to pay for redemptions but could run out of funds as early as 5 weeks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9052403089,"gmtCreate":1655199612641,"gmtModify":1676535580969,"author":{"id":"3578278614559162","authorId":"3578278614559162","name":"Muppy","avatar":"https://static.tigerbbs.com/51bd92f5e7a1327b1a0a9b7333dafa96","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":5,"crmLevelSwitch":1,"authorIdStr":"3578278614559162","idStr":"3578278614559162"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9052403089","repostId":1149193369,"repostType":4,"repost":{"id":"1149193369","pubTimestamp":1655198557,"share":"https://ttm.financial/m/news/1149193369?lang=&edition=fundamental","pubTime":"2022-06-14 17:22","market":"other","language":"en","title":"Cathie Wood's Ark Notes Ethereum Arbitrage Opportunity Amid Celsius-Induced Crypto Bloodbath","url":"https://stock-news.laohu8.com/highlight/detail?id=1149193369","media":"Benzinga","summary":"ZINGER KEY POINTSCelsius paused cryptocurrency withdrawals earlier, citing market conditions41% of t","content":"<html><head></head><body><p><b>ZINGER KEY POINTS</b></p><ul><li>Celsius paused cryptocurrency withdrawals earlier, citing market conditions</li><li>41% of the DeFi deployments by Celsius are in Lido&#39;s staked ETH product (stETH)</li><li>stETH trading at significant discount to ETH, creating an arbitrage opportunity, says Ark analyst</li></ul><p>Cryptocurrency lending platform<b>Celsius</b>&#39; (CEL) move to halt withdrawals has rocked the already bearish cryptocurrency markets, but <b>Cathie Wood</b>&#39;s <b>Ark Investment Management</b> sees a silver lining in this cloud for patient investors.</p><p><b>Celsius’ Working</b>: Ark analyst <b>Frank Downing</b> in a newsletter said that Celsius&#39; yield is generated through institutional lending, mining, and decentralized finance (DeFi) lending.</p><p>The analyst pointed out that nearly 41% of the DeFi deployments have been deposited in Lido’s liquid staked ether product (stETH), while 30% are in<b>Ethereum’s</b>proof-of-stake deposit contract.</p><p>While the PoS deposit is illiquid, according to Downing, stETH is redeemable at the ratio of 1:1 but can only be exchanged on the open market.</p><p><b>The Opportunity:</b> Celsius is likely moving stETH from its main wallet to FTX-associated wallets, according to Downing. This, according to him, could be to fund withdrawal demands of the beleaguered platform’s customers.</p><p>Downing noted that because Celsius and some other market participants have been selling, stETH is trading at a nearly 6% discount to ETH, creating an arbitrage opportunity for those investors willing to hold stETH until post-merge Ethereum allows withdrawals.</p><p><img src=\"https://static.tigerbbs.com/a9781f8c8e557811f80311415633509b\" tg-width=\"3840\" tg-height=\"3840\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p><i>Lido Staked ETH To USD/ETH — Courtesy CoinGecko</i></p><p>At press time, a single stETH fetched approx 0.955 ETH, according to data from CoinGecko.</p><p><b>The Lowdown:</b>By pausing withdrawals, Celsius is hoping to buy time so that it can clear its outstanding debts and move out of risky positions but this could result in a worsening of market sentiment, which could dent cryptocurrency prices and invite more regulatory scrutiny, according to Downing.</p><p>This view was also echoed by GlobalBlock’s <b>Marcus Sotiriou,</b> who pointed out that Celsius’ biggest problem was their $1.5 billion position in stETH, which if it leads to client redemptions could cause the lender to run out of funds.</p><p>Sotiriou said Celsius was taking out massive loans to pay for redemptions but could run out of funds as early as 5 weeks.</p></body></html>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood's Ark Notes Ethereum Arbitrage Opportunity Amid Celsius-Induced Crypto Bloodbath\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-14 17:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/22/06/27689930/why-cathie-woods-ark-thinks-celsius-troubles-present-an-arbitrage-opportunity-for-the-patient-invest><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ZINGER KEY POINTSCelsius paused cryptocurrency withdrawals earlier, citing market conditions41% of the DeFi deployments by Celsius are in Lido's staked ETH product (stETH)stETH trading at significant ...</p>\n\n<a href=\"https://www.benzinga.com/news/22/06/27689930/why-cathie-woods-ark-thinks-celsius-troubles-present-an-arbitrage-opportunity-for-the-patient-invest\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/news/22/06/27689930/why-cathie-woods-ark-thinks-celsius-troubles-present-an-arbitrage-opportunity-for-the-patient-invest","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149193369","content_text":"ZINGER KEY POINTSCelsius paused cryptocurrency withdrawals earlier, citing market conditions41% of the DeFi deployments by Celsius are in Lido's staked ETH product (stETH)stETH trading at significant discount to ETH, creating an arbitrage opportunity, says Ark analystCryptocurrency lending platformCelsius' (CEL) move to halt withdrawals has rocked the already bearish cryptocurrency markets, but Cathie Wood's Ark Investment Management sees a silver lining in this cloud for patient investors.Celsius’ Working: Ark analyst Frank Downing in a newsletter said that Celsius' yield is generated through institutional lending, mining, and decentralized finance (DeFi) lending.The analyst pointed out that nearly 41% of the DeFi deployments have been deposited in Lido’s liquid staked ether product (stETH), while 30% are inEthereum’sproof-of-stake deposit contract.While the PoS deposit is illiquid, according to Downing, stETH is redeemable at the ratio of 1:1 but can only be exchanged on the open market.The Opportunity: Celsius is likely moving stETH from its main wallet to FTX-associated wallets, according to Downing. This, according to him, could be to fund withdrawal demands of the beleaguered platform’s customers.Downing noted that because Celsius and some other market participants have been selling, stETH is trading at a nearly 6% discount to ETH, creating an arbitrage opportunity for those investors willing to hold stETH until post-merge Ethereum allows withdrawals.Lido Staked ETH To USD/ETH — Courtesy CoinGeckoAt press time, a single stETH fetched approx 0.955 ETH, according to data from CoinGecko.The Lowdown:By pausing withdrawals, Celsius is hoping to buy time so that it can clear its outstanding debts and move out of risky positions but this could result in a worsening of market sentiment, which could dent cryptocurrency prices and invite more regulatory scrutiny, according to Downing.This view was also echoed by GlobalBlock’s Marcus Sotiriou, who pointed out that Celsius’ biggest problem was their $1.5 billion position in stETH, which if it leads to client redemptions could cause the lender to run out of funds.Sotiriou said Celsius was taking out massive loans to pay for redemptions but could run out of funds as early as 5 weeks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9052579434,"gmtCreate":1655198912928,"gmtModify":1676535580572,"author":{"id":"4089852760719490","authorId":"4089852760719490","name":"toh156","avatar":"https://static.tigerbbs.com/1d6442864cd62fd89fbf3c33f0228ca8","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"4089852760719490","idStr":"4089852760719490"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9052579434","repostId":1149193369,"repostType":4,"repost":{"id":"1149193369","pubTimestamp":1655198557,"share":"https://ttm.financial/m/news/1149193369?lang=&edition=fundamental","pubTime":"2022-06-14 17:22","market":"other","language":"en","title":"Cathie Wood's Ark Notes Ethereum Arbitrage Opportunity Amid Celsius-Induced Crypto Bloodbath","url":"https://stock-news.laohu8.com/highlight/detail?id=1149193369","media":"Benzinga","summary":"ZINGER KEY POINTSCelsius paused cryptocurrency withdrawals earlier, citing market conditions41% of t","content":"<html><head></head><body><p><b>ZINGER KEY POINTS</b></p><ul><li>Celsius paused cryptocurrency withdrawals earlier, citing market conditions</li><li>41% of the DeFi deployments by Celsius are in Lido&#39;s staked ETH product (stETH)</li><li>stETH trading at significant discount to ETH, creating an arbitrage opportunity, says Ark analyst</li></ul><p>Cryptocurrency lending platform<b>Celsius</b>&#39; (CEL) move to halt withdrawals has rocked the already bearish cryptocurrency markets, but <b>Cathie Wood</b>&#39;s <b>Ark Investment Management</b> sees a silver lining in this cloud for patient investors.</p><p><b>Celsius’ Working</b>: Ark analyst <b>Frank Downing</b> in a newsletter said that Celsius&#39; yield is generated through institutional lending, mining, and decentralized finance (DeFi) lending.</p><p>The analyst pointed out that nearly 41% of the DeFi deployments have been deposited in Lido’s liquid staked ether product (stETH), while 30% are in<b>Ethereum’s</b>proof-of-stake deposit contract.</p><p>While the PoS deposit is illiquid, according to Downing, stETH is redeemable at the ratio of 1:1 but can only be exchanged on the open market.</p><p><b>The Opportunity:</b> Celsius is likely moving stETH from its main wallet to FTX-associated wallets, according to Downing. This, according to him, could be to fund withdrawal demands of the beleaguered platform’s customers.</p><p>Downing noted that because Celsius and some other market participants have been selling, stETH is trading at a nearly 6% discount to ETH, creating an arbitrage opportunity for those investors willing to hold stETH until post-merge Ethereum allows withdrawals.</p><p><img src=\"https://static.tigerbbs.com/a9781f8c8e557811f80311415633509b\" tg-width=\"3840\" tg-height=\"3840\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p><i>Lido Staked ETH To USD/ETH — Courtesy CoinGecko</i></p><p>At press time, a single stETH fetched approx 0.955 ETH, according to data from CoinGecko.</p><p><b>The Lowdown:</b>By pausing withdrawals, Celsius is hoping to buy time so that it can clear its outstanding debts and move out of risky positions but this could result in a worsening of market sentiment, which could dent cryptocurrency prices and invite more regulatory scrutiny, according to Downing.</p><p>This view was also echoed by GlobalBlock’s <b>Marcus Sotiriou,</b> who pointed out that Celsius’ biggest problem was their $1.5 billion position in stETH, which if it leads to client redemptions could cause the lender to run out of funds.</p><p>Sotiriou said Celsius was taking out massive loans to pay for redemptions but could run out of funds as early as 5 weeks.</p></body></html>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood's Ark Notes Ethereum Arbitrage Opportunity Amid Celsius-Induced Crypto Bloodbath\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-14 17:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/22/06/27689930/why-cathie-woods-ark-thinks-celsius-troubles-present-an-arbitrage-opportunity-for-the-patient-invest><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ZINGER KEY POINTSCelsius paused cryptocurrency withdrawals earlier, citing market conditions41% of the DeFi deployments by Celsius are in Lido's staked ETH product (stETH)stETH trading at significant ...</p>\n\n<a href=\"https://www.benzinga.com/news/22/06/27689930/why-cathie-woods-ark-thinks-celsius-troubles-present-an-arbitrage-opportunity-for-the-patient-invest\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/news/22/06/27689930/why-cathie-woods-ark-thinks-celsius-troubles-present-an-arbitrage-opportunity-for-the-patient-invest","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149193369","content_text":"ZINGER KEY POINTSCelsius paused cryptocurrency withdrawals earlier, citing market conditions41% of the DeFi deployments by Celsius are in Lido's staked ETH product (stETH)stETH trading at significant discount to ETH, creating an arbitrage opportunity, says Ark analystCryptocurrency lending platformCelsius' (CEL) move to halt withdrawals has rocked the already bearish cryptocurrency markets, but Cathie Wood's Ark Investment Management sees a silver lining in this cloud for patient investors.Celsius’ Working: Ark analyst Frank Downing in a newsletter said that Celsius' yield is generated through institutional lending, mining, and decentralized finance (DeFi) lending.The analyst pointed out that nearly 41% of the DeFi deployments have been deposited in Lido’s liquid staked ether product (stETH), while 30% are inEthereum’sproof-of-stake deposit contract.While the PoS deposit is illiquid, according to Downing, stETH is redeemable at the ratio of 1:1 but can only be exchanged on the open market.The Opportunity: Celsius is likely moving stETH from its main wallet to FTX-associated wallets, according to Downing. This, according to him, could be to fund withdrawal demands of the beleaguered platform’s customers.Downing noted that because Celsius and some other market participants have been selling, stETH is trading at a nearly 6% discount to ETH, creating an arbitrage opportunity for those investors willing to hold stETH until post-merge Ethereum allows withdrawals.Lido Staked ETH To USD/ETH — Courtesy CoinGeckoAt press time, a single stETH fetched approx 0.955 ETH, according to data from CoinGecko.The Lowdown:By pausing withdrawals, Celsius is hoping to buy time so that it can clear its outstanding debts and move out of risky positions but this could result in a worsening of market sentiment, which could dent cryptocurrency prices and invite more regulatory scrutiny, according to Downing.This view was also echoed by GlobalBlock’s Marcus Sotiriou, who pointed out that Celsius’ biggest problem was their $1.5 billion position in stETH, which if it leads to client redemptions could cause the lender to run out of funds.Sotiriou said Celsius was taking out massive loans to pay for redemptions but could run out of funds as early as 5 weeks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":98,"commentSize":11,"repostSize":0,"favoriteSize":2,"likeStatus":false,"favoriteStatus":false}}