Celsius has been seen as another big possible candidate for going bankrupt in this bear market as they had a ton of debt, liquidation risk at 23k BTC price and they got heavily shorted at FTX. If they would have failed millions of costumers would have basically been feeling "rug pulled" as this would have been the largest exchange scandal since Mt. Gox.
In the last weeks they successfully completly eliminated their liquidation risk (now at $2.7k) and paid down hundred of millions in debt. Even in the least 24h they paid down 113M on debt to AAVE any Compound, now their only remaining debt is 123M. And they can very likely pay that off too.
Happy to see that at least somewhere investors and not getting rigged. Hopefully they can actually lift their suspension that have been here for nearly month now and get back to normal. Obviously the trust is and should be gone but at least investors will keep their money.
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