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Celsius Network destroyed CEL tokens worth approximately $83.2 million

Celsius Network destroyed CEL tokens worth approximately $83.2 million

Bitget2024/05/01 01:13

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.

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