Celsius’ Bitcoin Loan Liquidation Price Below 5K as Company Repays 120 Million in Debt

The loan paybacks have been witnessed on vault #25977, which is said to belong to the firm. According to DeFi Explore, the company began making a string of repayments starting June 14. The latest, which is also the biggest payment (64 million DAI) since that period, happened just yesterday.In the past couple of days alone, Celsius repaid some $120 million to Maker, while crypto researcher Plan C also indicated the firm paid a combined $67 million in debt to Aave and Compound on July 2. The vault now has an outstanding loan of over $82 million.