![Celsius Network’s Token CEL Drops 58% After Bankruptcy Filing, So-Called Short Squeeze Falters](https://static.news.bitcoin.com/wp-content/uploads/2022/07/shutterstock_2176906041.jpg)
During the last 30 days, the Celsius Network’s native token CEL increased in value by over 140% against the U.S. dollar. On July 13, just before the lending company filed for Chapter 11 bankruptcy, CEL was exchanging hands for $0.961 per unit. Following the news that the company filed for bankruptcy protection, the native crypto […]
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