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Golem, a project that raised 820,000 ETH through its initial coin offering (ICO) in 2016, has transferred significant amounts of Ethereum (ETH) to major exchanges in recent days. Over the past 37 days, Golem moved 36,000 ETH, worth approximately $115 million, to exchanges such as Binance, Coinbase, and Bitfinex. In the past 3 days alone, the project sold 24,400 ETH, valued at $72 million, on these platforms. Despite these transfers, Golem still holds a substantial amount of ETH. Currently, Golem holds 127,634 ETH, worth about $372 million, and previously had 231,400 ETH, valued at $656 million. Initially, Golem raised 820,000 ETH when the price of Ethereum was only $10.20 per ETH.
GOLEM TRANSFERS $100M ETHEREUM TO EXCHANGES: WHAT WE KNOW - Golem, a project in the cryptocurrency space since its ICO in 2016, has made significant transfers of Ethereum (ETH) to major exchanges recently. - Over the past 37 days, Golem moved 36,000 ETH, valued at approximately… https://t.co/z2vKCYTArp https://t.co/XUHiMqxRfS
UPDATE: GOLEM, AN EARLY ETHEREUM ICO, MOVES OVER $100M IN ETH TO EXCHANGES LAST MONTH
Golem(@golemproject) has sold 24,400 $ETH($72M) on #Binance , #Coinbase ( $coin) and #Bitfinex in the past 3 days, and currently holds 127,634 $ETH($372M). Golem raised 820,000 #ETH through ICO in November 2016, when the price of #Ethereum was only $10.20 https://t.co/61uwHseHgM
