The market price shows that the Celsius Network protocol Token CEL is currently at 0.172 USDT, a 24-hour drop of 59.02%.
Earlier news, encrypted lending platform Celsius Network announced the suspension of withdrawal, trading and transfer functions.
In addition, Celsius transferred 50,000 ETH and 9,500 WBTC to FTX 3 hours before the suspension of withdrawal and other services.