Celsius Unstakes $470M in ETH to Repay Creditors

Bankrupt crypto lender Celsius has planned to unstake nearly a billion dollars of its Ethereum holdings to repay creditors

This move has the potential to increase supply and market sensitivity, triggering Ethereum price fluctuations

Ethereum's technical charts are also hinting at a breakdown from a key support level, potentially leading to further decline if bulls fail to regain control

According to Fibonacci retracement analysis, Ethereum could dip to $1,895 if selling pressure persists