COINOTAG News, February 21st – Data from @ai_9684xtpa indicates that the decentralized computing power marketplace Golem Network has deposited a total of 4850 ETH into various exchanges over the last 12 hours. This transaction is valued at approximately $13.26 million. The Golem team executed a significant transfer of 7125 ETH to a multi-signature address yesterday, leaving 2300 ETH still available, which could be moved to exchanges shortly. Notably, Golem has shown a pattern of frequent ETH deposits to exchanges, especially from July to August of 2024, signaling a robust trading strategy. This activity may suggest a strategic move in response to market conditions, providing insights into the operational tactics of decentralized finance platforms.
Timely, reliable coverage of breaking news, insights, and analyses on Bitcoin and cryptocurrencies since 2018.
Disclaimer: The information provided on COINOTAG NEWS is for informational purposes only and should not be considered financial or investment advice. Always conduct your own research and consult with a financial advisor before making any investment decisions.
© COINOTAG News 2024