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CryptoGlobe 2022-06-16 02:12:00

Celsius’ Withdrawal Freeze Created Ethereum ($ETH) Arbitrage Opportunity, Says Ark Invest Analyst

Celsius Network’s withdrawal freeze earlier this month created an Ethereum ($ETH) arbitrage opportunity for patient traders, according to Cathie Wood’s Ark Investment Management, as staked Ethereum tokens started trading at a discount. Ark analyst Frank Downing noted in a newsletter that the cryptocurrency lender generated yield through institutional lending, mining, and decentralized finance (DeFi) lending. […]

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