Celsius, a centralized startup that intends to defi for you, is currently undergoing a bank run situation due to significant reliance on locked staking eth.

The entity itself appears to be largely solvent, with $5.6 billion in assets tracked on the blockchain. But, some is deposited to stake on eth, making it illiquid. Some is in stETH, when people are asking to withdraw eth. So they’ve just paused withdrawals.