• Large Bitcoin transfers into a wallet associated with Celsius have raised speculations. 
• A user flagged that the wallet received 25,266 BTC worth around $1.10 billion.
• Renowned crypto investor Simon Dixon speculates that Celsius may be gearing to repay creditors.

A number of Bitcoin transfers into a wallet associated with bankrupt cryptocurrency lender Celsius has driven speculation amongst crypto community members. The large amount of the transfer has led some to believe that the firm may be gearing up to repay creditors soon. 

Indeed, the speculations came after an X (formerly Twitter) user flagged a large BTC transfer to the said wallet. “CelsiusNetwork wallet received 25,266 bitcoins worth $1.10 billion a few minutes ago,” the user tweeted.

In response to the tweet, renowned Bitcoin maximalist and crypto investor Simon Dixon suggested the crypto firm may be preparing to repay customers. “Celsius Creditors – Bitcoin Distributions Gearing Up,” Dixon tweeted. 

The post Celsius Receives BTC Worth $1.1B, Fueling Customer Repayment Rumor appeared first on Coin Edition.

• Large Bitcoin transfers into a wallet associated with Celsius have raised speculations. 
• A user flagged that the wallet received 25,266 BTC worth around $1.10 billion.
• Renowned crypto investor Simon Dixon speculates that Celsius may be gearing to repay creditors.

A number of Bitcoin transfers into a wallet associated with bankrupt cryptocurrency lender Celsius has driven speculation amongst crypto community members. The large amount of the transfer has led some to believe that the firm may be gearing up to repay creditors soon. 

Indeed, the speculations came after an X (formerly Twitter) user flagged a large BTC transfer to the said wallet. “CelsiusNetwork wallet received 25,266 bitcoins worth $1.10 billion a few minutes ago,” the user tweeted.

In response to the tweet, renowned Bitcoin maximalist and crypto investor Simon Dixon suggested the crypto firm may be preparing to repay customers. “Celsius Creditors – Bitcoin Distributions Gearing Up,” Dixon tweeted. 

The post Celsius Receives BTC Worth $1.1B, Fueling Customer Repayment Rumor appeared first on Coin Edition.