An independent examiner has revealed shocking details surrounding the inner workings of Celsius – a crypto lender that filed for bankruptcy in July 2022. The examiner claimed that Celsius did not operate by the business model that it presented to customers. He likened it to a Ponzi scheme, much like FTX – a company that happened to have used the same accounting software: QuickBooks. The Truth About CEL Token Per a filing from examiner Shoba Pillay on Tuesday, Celsius had…
Sell Walls
What are Buy and Sell Walls in Crypto Trading?
Buy and sell walls in crypto trading refer to large orders placed on a cryptocurrency exchange to buy or sell a certain amount of a cryptocurrency at a specific price. They are represented visually as "walls" on a trading chart and can indicate the level of supply and demand for a particular coin. A "buy wall" occurs when there is a large limit order to buy a cryptocurrency at a certain price, indicating strong buying pressure for that coin. This…
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