Golem Sends Over $100M in ETH to Exchanges

The Golem Network has transferred over $100 million worth of Ether to various cryptocurrency exchanges over the past month. This significant movement of funds has raised concerns about potential market impacts, as large transfers to exchanges often precede sell-offs. The transfers represent a substantial portion of Golem’s holdings, prompting discussions about the network’s financial strategy and its implications for the broader Ethereum market.Read more on The Block