Celsius Pays Off Aave Loan, Moves $418M ‘stETH’ Stack to Unknown Wallet

Celsius Pays Off Aave Loan, Moves $418M ‘stETH’ Stack to Unknown Wallet

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Last week, as reported by CoinDesk, Celsius fully paid off and closed its loan on Maker, one of the largest DeFi lending protocols, and freed up $440 million of collateral pledged against the loan, denominated in wrapped bitcoin (WBTC) tokens. Earlier Tuesday, the crypto lender reduced its debt by $95 million on Aave and freed up 410,000 stETH tokens, worth $426 million at the time of publishing, as CoinDesk reported.



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