After bankruptcy filing, Celsius Network’s token CEL falls by 58 percent, and the purported “short squeeze” fails.
October 25, 2022
After bankruptcy filing, Celsius Network’s token CEL falls by 58 percent, and the purported “short squeeze” fails. In the last 30 days, Celsius Network’s native CEL token has gained more than 140% against the U.S. dollar. On July 13, shortly before the creditor filed for Chapter 11 bankruptcy, CEL traded at $ 0.961 per unit. […]