Celsius Network just further deposited 22,500 ETH ($50.78M) to Coinbase:

• transaction: 0x2a6d8dae3916efbe6ae0b3a7f7175698b55869767e0afc533011ab219cb24982
• address: 0x41318419cfa25396b47a94896ffa2c77c6434040
• This address belongs to the entity Celsius Network: Treasury

Notably, Celsius just deposited 459,561 ETH ($1.02B) to Coinbase, Paxos, and FalconX a day ago. Most of the 297,454 ETH sent to Coinbase were then distributed to 12 fresh wallets, probably as part of an OTC deal (more details here).

Overall, Celsius Network has moved 780,126 ETH ($1.74B) to FalconX, Coinbase, OKX, and Paxos since November 13, 2023.

Currently, Celsius Network still holds 39,969 ETH ($90.9M) in address 0xdb3.

• address: 0xdb31651967684a40a05c4ab8ec56fc32f060998d

Fig 1. Celsius Network has moved 780,126 ETH ($1.74B) to FalconX, Coinbase, OKX, and Paxos since November 13, 2023.