Lido is a liquid staking platform, the place ETH stakes have been capable of locking up their ETH in return for stETH tokens, receiving a yield within the course of. Celsius’ requested withdrawal of 428,000 ETH constitutes 0.36% of the whole ETH provided (it additionally represents 2% of the whole staked ETH).
Wanting on the quantity of ETH staked with Lido particularly, Celsius’ withdrawal of 428,000 ETH represents almost 7% of all of the ETH staked with Lido.