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news-imageAugust 12, 2024

Golem (GLM) Surges 23% Amid Crypto Whales' Accumulation

Golem's (GLM) price is poised for a potential rally, which could send the price soaring and potentially form a new all-time high.
Publisher: BeInCrypto
Sentiment: Positive
GLM

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cover-imageCrypto Economy
July 8, 2024

Could Golem's ETH Sales Influence Ethereum's Price?

TL;DR Golem has transferred over 100 million dollars in ETH to exchanges in the last month, raising concerns about potential selling pressure on the price of ETH. The platform's main wallet has moved 24,400 ETH (72 million dollars) in the last three days, with current reserves of 127,634 ETH valued at 372 million dollars.

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