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Crypto Lending Startups Celsius and Voyager Cleared to Shift Holdings, but Only Voyager is Active

July 4 (Cointime) - Crypto lending startups Celsius and Voyager have been given approval to shift their crypto holdings, but only Voyager has started doing so. Celsius had around $600 million in crypto, with 70% already in BTC and ETH, and has court approval to convert the remaining cryptocurrency into these two coins.

However, as of Tuesday morning, Celsius has not yet moved any crypto. Meanwhile, Voyager has opened customer withdrawals and has seen a 25% drop in its crypto portfolio, with USDC, BTC, ETH, and SHIB representing the bulk of outflows.

Bitcoin Bitcoin $63,104.20
+6.62%
Celsius BTC
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