Article • 5 months ago

Golem Sells $72 Million Worth of Ethereum

Summary

Golem sold 24,400 ETH, valued at approximately $72 million, over a three-day period.
The project raised 820,000 ETH in its November 2016 ICO when the price of ETH was just $10.2.

"The ETH Golem wallet transfers to Coinbase and Binance are impacting the ETH price. Stay informed on this developing story."

Project Golem stakes 40,000 ETH worth over $120 million, supporting developers and entrepreneurs on the Golem Network.

Golem transfers $124 million in ETH to kickstart staking funds after selling $100 million worth of ETH previously. #Crypto #Ethereum #Blockchain

"Golem sold 24,400 ETH ($72M) to respond to market drop, but still holds 127,634 ETH ($372M) showing strategic asset management since 2016."

Golem Network sells millions in ETH from its ICO stack, showing a major increase in value since 2016.

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