๐Ÿ›‘ Golem Stopped Selling $ETH and Staked 40,000 $ETH! ๐Ÿš€

๐Ÿ”„ Recent Activity:

Golem Project (@golemproject) appears to have shifted strategy from selling to staking.

Staked Amount: 40,000 $ETH ($124.6M)

Time: 8 hours ago

๐Ÿ“œ Details:

Stake Transaction: The massive stake indicates a shift in Golem's approach, potentially signaling long-term confidence in the value of ETH.

๐Ÿ“‰ Market Implications:

Reduced Selling Pressure: With 40,000 $ETH now staked, the immediate selling pressure on the market has likely decreased.

Positive Sentiment: Staking such a significant amount can be interpreted as a bullish signal, potentially stabilizing or positively impacting ETH prices.