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In a surprising move, leading cryptocurrency platform Celsius recently made a strategic decision to expand its altcoin portfolio. The company, which offers interest-earning accounts and lending services, has sold a significant amount of altcoins and transferred them to FalconX, a prominent digital asset trading platform.In a recent tweet by the popular crypto analyst firm Lookonchain, it has revealed that Celsius has initiated the sale of various altcoins:<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/2887bd4687d34f698563669a9fee8fe3.png" />According to the tweet, Celsius moved an impressive 1.27 million LINK tokens, worth approximately $8.5 million, along with 2.83 million SNX tokens valued at around $7.84 million. In addition, Celsius transferred 12,597 BNB tokens, equivalent to $3 million, as well as 4.45 million 1INCH tokens worth $2.26 million. Not stopping there, the company also moved 8.53 million ZRX tokens valued at $1.9 million, and 439,000 FTX tokens worth approximately $713,000.The current price of <a href="https://coinmarketcap.com/currencies/chainlink/" rel="noopener noreferrer nofollow">Chainlink (LINKUSD)</a> is 6.5894075 USD, reflecting a decrease of 0.3% or -0.0198062. In terms of technical outlook, the indicators suggest a neutral stance. However, based on the price movement, there is a selling pressure observed. This indicates a cautious sentiment in the market.Read full article at <a href="https://cryptotale.org/celsius-converts-altcoins-link-snx-and-more-transferred-to-falconx/" rel="noopener noreferrer nofollow">CryptoTale.</a>

Celsius Converts Altcoins: LINK, SNX, and More Transferred to FalconX

CryptoTale

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