The Golem project, which raised 820,000 ETH in an initial coin offering (ICO) in 2016, has been translates assets on crypto exchanges. During this period, he sent 36,000 ETH to Binance, Coinbase, Bitfinex and other platforms, which at the time of writing is valued at about $110 million.
Journalist Colin Wu noted that the Ethereum whale’s wallet still holds 231,400 ETH, worth about $656 million.
Golem, a project that raised 820,000 ETH in ICO in 2016, has transferred 36,000 ETH to Binance, Coinbase, Bitfinex, etc. in the past 37 days, worth about $115 million. Currently, Golem still has 231,400 ETH, worth about $656 million. https://t.co/EjLTyeEAmz
— Wu Blockchain (@WuBlockchain) July 8, 2024
It should be noted that another major Ethereum holder sent 10,000 ETH to the Kraken crypto exchange on July 8, 2024. In just four months, he translated 30,000 ETH to the platform.
In April 2024, the Ethereum ICO whale came out of hibernation and sold 2,000 ETH.
At the time of writing, Ethereum is trading around the $3,000 mark.
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Source: Cryptocurrency
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