๐ Golem Stopped Selling $ETH and Staked 40,000 $ETH! ๐
๐ 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
๐ Details:
Stake Transaction: The massive stake indicates a shift in Golem's approach, potentially signaling long-term confidence in the value of ETH.
๐ 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.