Golem Addresses Community Concerns After 135,000 ETH Transferred to Centralized Exchanges

According to BlockBeats, on September 25, Cointelegraph reported that the decentralized computing network Golem responded to the community’s continued concerns after more than 135,000 ETH were transferred to centralized exchanges (CEX) in a recent report. This batch of ETH worth about US$337 million was sent to centralized trading platforms such as Coinbase, Binance and Bitfinex, triggering initial speculation about a large-scale sell-off.

A Golem report from September 18 assured users that the transfer of 135,000 ETH was not for a sell-off, but for staking testing to ensure operational safety and minimize spam interference.

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