Celsius Transfers $781M st.eth During Lido Withdrawals Opening

Crypto lender Celsius reportedly transferred 428,015 st.ETH(staked Ether) to Lido’s Ethereum wallet after enabling withdrawals, with the possibility of $781 million being transferred for withdrawal. On-Chain data shows that Celsius tested a withdrawal of 0.1 st.ETH. Bitcoin Pioneer ‘Simon Dixon’ has suggested Celsius may stake without Lido and use it for loan collateral.