Crypto lender Celsius has swiftly moved its Ethereum (ETH) staking tokens from the liquid staking platform Lido following the platform’s recent introduction of withdrawal capabilities.
In a notable transaction on May 15, Celsius wallets transferred a substantial amount of 428,015 stETH (Lido staked Ether) to the Lido staked Ethereum wallet, valued at $772 million. Speculation suggests that this transfer may indicate preparations for future withdrawals.
Source: https://crypto.news/celsius-transfers-772m-in-steth-from-lido-amid-withdrawal-enablement/