Celsius to sell 170 million of Alts.

TLDR link below.Celsius has gotten permission in Bankruptcy court to convert their 170 million of alt coins into Bitcoin and Ethereum. I'm not sure what they are selling but according to court documents as November 25, 2022 Celsius controlled 90 million MATIC, 103 million ADA, 161,000 SOL, 3.3 million LINK, 1.8 million polkadot (DOT), 200,000 litecoin (LTC) and 106,000 AAVE.

To me this is good for Bitcoin and Ethereum but definitely not good for the aforementioned alt coins or others held. I am not sure what they currently hold. NFA just thought I share and for the sake of mine and everbodys bags I hope it to be a non factor.

https://www.msn.com/en-us/sports/other/celsius-to-potentially-sell-more-than-170m-in-ada-matic-sol-and-altcoins-for-btc-eth/ar-AA1dgKtR#:~:text=C%20rypto%20lending%20company%20Celsius%20may%20begin%20selling,approval%20by%20the%20judge%20overseeing%20its%20bankruptcy%20proceedings