In 2016, the Golem Network @golemproject raised 820 thousand ETH through its ICO, and in the last two days, it has reportedly sold 7,250 ETH ($20 million): 6,200 ETH transferred to Binance, 1,050 ETH transferred to Coinbase. https://t.co/xCLwcfV0hU They should currently have 110 thousand ETH ($3.05 million) left from 2016: 10 thousand in the Golem: Multisig address, and 100 thousand in Ethereum's native staking. Golem: Multisig address: 0x7da82C7AB4771ff031b66538D2fB9b0B047f6CF9 Staking address: 0xba1951df0c0a52af23857c5ab48b4c43a57e7ed1 This article is sponsored by #Bitget｜@Bitget_zh <img src="https://sosovalue.s3.us-west-2.amazonaws.com/sosovalue/2025/02/23/f2b115bb-4b92-46ef-b26b-0968334072b3.jpg">

Do you remember the project @golemproject that raised 820 thousand ETH in its ICO back in 2016? They recently sold 36 thousand ETH ($114.54 million) over the past 37 days.

In the last 37 days, they transferred 36 thousand ETH obtained from the ICO fundraising from the Golem: Multisig address to the 0x159...b94 address, and then from the 0x159...b94 address to exchanges like Binance, Coinbase, and Bitfinex.

The project raised 820 thousand ETH through its ICO in 2016, but at that time, the price of ETH was only $10.4, making the total value of these ETH $8.52 million. However, this project team is truly able to cash out; over the years, they have periodically sold tens of thousands of ETH in a slow, incremental manner. As of now, they still hold 231.40 thousand ETH, worth $656 million.

Addresses:
Golem: Multisig (holding 126 thousand ETH): https://t.co/mJSVsujJkB  
PoS staking 100 thousand ETH: https://t.co/LgF2a8sQqN  
Golem: Foundation Wallet (holding 4,256 ETH): https://t.co/XydiDo0LTo