Ethereum

Cryptocurrency

DeFi

Arkham

Golem

Golem Network, which received 820,000 ETH from the Ethereum ICO, has started selling again.
Golem Network, a DeFi platform, has moved more than 4,000 ETH to cryptocurrency exchanges Binance and Coinbase, according to Arkham data.
Related News: <a href="https://en.bitcoinsistemi.com/attention-is-ethereum-price-at-risk-one-of-the-first-ethereum-whales-has-been-selling-eth-for-days/" target="_blank" rel="noopener noreferrer nofollow">Attention: Is Ethereum Price at Risk? One of the First Ethereum Whales Has Been Selling ETH for Days!</a>
As you may recall, over the past two months, the Golem Network address has sold over $100 million worth of ETH, creating selling pressure on the price.
According to Arkham data, Golem still has another 22,834 ETH in his possession, worth approximately $60 million.
<h2 id="institutions-are-selling-ethereum-eth">Institutions Are Selling Ethereum (ETH)!</h2>
Institutional investors continue to sell Ethereum outside of Golem Network. Cumberland DRW also invested $20.8 million worth of ETH in Coinbase, according to data from blockchain analytics firm Scopescan.
Cryptocurrency trading firm Cumberland DRW recently deposited 8,000 ETH (worth $20.8 million) to the Coinbase Exchange via four addresses.
Cumberland DRW currently holds 5,500 ETH worth approximately 14.5 million.
Ethereum, which has gained 1.1% in the last 24 hours, continues to be traded at $2,630 at the time of writing.
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/corporate-ethereum-eth-whales-are-on-the-move-again-is-new-selling-pressure-coming-heres-what-theyve-done/" rel="noopener noreferrer nofollow">Corporate Ethereum (ETH) Whales Are On The Move Again! Is New Selling Pressure Coming? Here's What They've Done!</a>

Corporate Ethereum (ETH) Whales Are On The Move Again! Is New Selling Pressure Coming? Here's What They've Done!

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