Celsius Network destroyed CEL tokens worth approximately $83.2 million
According to Golden Finance, Celsius Network has destroyed most of its holdings of CEL (which account for the majority of the token supply). Etherscan shows that the company destroyed it by sending 6.522 billion CEL to a burn address. The amount destroyed accounts for 94% of the previous total supply, with a total of 692.8 million CEL remaining. Based on current market prices, this is valued at approximately $83.2 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Trump's investment account recorded net purchases exceeding $49 millions in June, with financial and defense stocks becoming major holdings, and over a thousand trades executed!
In June, Trump's investment account completed over 1,000 stock trades, with net purchases exceeding $49 million. There were million-dollar level buys in Berkshire Hathaway, Visa, and Mastercard, with financial stocks surpassing tech stocks to become the largest holding sector for the month. The White House insists that the President himself is completely unaware of the trades; all decisions are executed automatically by an independent manager using computer models.
Wells Fargo: Bullish outlook predicts gold price rising to $4,900
BlackRock lifts Qiagen voting rights to 12.89%, AFM filing shows