Two prominent institutions in their bankruptcy liquidation phase, Celsius and FTX, have been actively engaged in massive crypto asset transfers. Celsius and FTX moved millions worth of Ethereum (ETH), Polygon (MATIC), and Wrapped Bitcoin (WBTC) to exchanges. This comes after both institutions promised to repay their formal clients or creditors via their crypto treasury. In the past 24 hours, gigantic transactions have been recorded via the Celsius and FTX/Alameda wallet addresses, according to Ember CN, an on-chain analysis portal. To expedite the bankruptcy liquidation process, Celsius recently shifted a whopping 34.08 million MATIC. The transaction was worth$26 million and was directed toward Binance, the leading crypto exchange.