Celsius adds over 428K stETH to Lido’s lengthening withdrawal queue By Cointelegraph

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Bankrupt crypto lending firm Celsius is anxious to get its staked Ether (ETH) stash back from liquid staking platform Lido which enabled withdrawals this week.

Celsius initiated the process of withdrawing its Lido Staked ETH (stETH) from the protocol. According to transaction data it has requested the withdrawal of 428,084 stETH in batches of 1,000.

Lido withdrawal requests between May 15 and 17. Source: Nansen.ai