Celsius Community CRASH… What occurred to Celsius Community? Easy methods to Make investments safely in Crypto Bear Market — 2022? | by Travis Tsang | Coinmonks | Jun, 2022

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Celsius Community Financial institution run — The way it will have an effect on the Crypto Bear Market 2022
· Causes for Celsius Financial institution run
1. Misplaced Funds in DeFi Hacks & Liquidity points with stETH
2. Extreme Leveraging and big liquidations
3. Rivals Spreading FUD
4. Alameda Analysis’s Revenge
· Early Indicators — What you must have recognized earlier than utilizing Celsius
1. Internet Outflows
2. Borrowing to pay withdrawals
3. CEO Alex Mashinsky and his spouse dumping $CEL
4. Phrases and Circumstances
· Impression on the Crypto Market
Bitcoin
Ethereum
Different L1 tokens
· Easy methods to spend money on Crypto Safely in 2022

1. Misplaced Funds in DeFi Hacks & Liquidity points with stETH

  • Dropping UST on Anchor in LUNA UST incident
  • Misplaced $70m in Stakehound
  • Misplaced $50m in Badgerdao hack
Celsius’ stETH holdings | Curve stETH/ETH pool liquidity

2. Extreme Leveraging and big liquidations

3. Rivals Spreading FUD

4. Alameda Analysis’s Revenge

  • Dumping great amount of stETH
  • invested $75m into Voyager (competitor of Celsius)
  • Sponsoring massive social media accounts
On Chain Knowledge — Alameda Analysis swap stETH to ETH

1. Internet Outflows

2. Borrowing to pay withdrawals

3. CEO Alex Mashinsky and his spouse dumping $CEL

4. Phrases and Circumstances

Celsius Official Web site —” Phrases and Circumstances”

Bitcoin

Ethereum

Different L1 tokens

Crypto Market Cap Chart — Buying and selling View



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