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Celsius depositors deep in bargaining phase

  • Danny null
  • Jul 30, 2022
  • 1 min read

Celsius depositors, many with six figures held on the Celsius app, are deep in the bargaining phase of loss. Expecting a huge haircut many forced hodlers are making unenforceable bargains to get back their crypto. 50%, 30%, 20% are typical amounts pleaded for by desperate depositors with at least one depositors asking for minus 20%! That’s right, some schmuck even had the idea of pumping more funds into the scheme in order to make depositors eventually whole. As the legal proceedings drag on it is a race between crypto prices and record high inflation to devalue the real value of deposits locked up.

 
 
 

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