According to reports, Celsius, a troubled cryptocurrency lending platform, withdrew a large chunk of MATIC and ADA held on GK8 ahead of the unit’s sale to Galaxy digital.
Celsius clears out GK8 balances
A crypto networks analyst mostly following the Celsius network’s fall recently posted a Twitter thread analyzing the coin reports in December. In the report, the expert noted that Celsius cleared out all the balances held on the GK8 unit, which includes $1.1 million ADA and $1.1 million MATIC.
Source: https://crypto.news/celsius-update-shows-network-cleared-gk8-balances/