According to @EmberCN, Golem Network, which raised 820,000 ETH during its 2016 ICO, has recently sold 7,250 ETH valued at approximately $20 million. The sales include transfers of 6,200 ETH to Binance and 1,050 ETH to Coinbase, as verified by etherscan.io. The network reportedly retains 110,000 ETH worth about $3.05 million, with 10,000 ETH in Golem's multisig wallet.

According to Ai 姨, Golem Network, a decentralized computing platform, has transferred a total of 4850 ETH, valued at $13.26 million, to exchanges over the past 12 hours. The team's multisig address previously moved 7125 ETH to this address, leaving 2300 ETH that may soon be transferred to exchanges. Golem has a history of frequent ETH deposits to exchanges during July and August 2024 (source: Ai 姨).

According to @EmberCN, Golem Network has resumed its frequent ETH sales, recently transferring 9,000 ETH ($27.6M) from a multisig address to an intermediary address, with 6,800 ETH ($20.85M) already moved to an exchange. Since May 31, Golem has sold 51,800 ETH ($163.26M) over 41 days but still holds a substantial amount of ETH.