Article • 4 months ago

Golem Project Suggests ETH Movement to CEXs Due to Staking

Summary

Golem tests solo staking with 135k ETH transfer to Coinbase and Binance for operational security and spam reduction, not a sell-off.

Golem assures community: 135,000 Ether transfer to exchanges was for staking test, not selling purposes. #crypto #security

The Golem platform raised concerns after moving $100 million in Ethereum to centralized exchanges, sparking speculation about their motives.

Golem transfers $100M in Ethereum to exchanges, impacting prices. Investors closely watch liquidation strategy in volatile market.

Golem Network is testing Ethereum staking after transferring $115 million to exchanges. They still hold 231,400 ETH in reserve.

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