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Whale sent 36,000 ETH to exchanges in a month

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.

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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