Data: Golem Network sold 36,000 ETH in the last 37 days, worth over $114 million.

Sep 12, 2024 02:42:43

according to on-chain analyst Yu Jin's monitoring, the project Golem Network, which raised 820,000 ETH in its 2016 ICO, has recently sold 36,000 ETH over the past 37 days, worth approximately $114.54 million.

In the last 37 days, they transferred 36,000 ETH obtained from the Golem: Multisig address to the 0x159...b94 address, and then from the 0x159...b94 address to exchanges such as Binance, Coinbase, and Bitfinex.

The project raised 820,000 ETH through its ICO in 2016, but at that time the price of ETH was only $10.4, making the total value of these ETH $8.52 million. Until now, they still hold 231,400 ETH, worth $656 million.

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