TechFlow reports, according to Emberscan monitoring, Golem Network sold 3,000 ETH half an hour ago, worth approximately $9.37 million. Recently, Golem Network has been selling around 3,000 ETH daily, totaling 45,000 ETH sold over the past 40 days—valued at roughly $142.39 million—and it remains unclear when this selling phase will end.
In addition, today Golem Network staked 40,000 ETH and stated that 75% of the staking rewards will be used to incentivize the development of the Golem network and its ecosystem. Roughly calculated, the annual staking yield from 40,000 ETH is about 1,280 ETH. At the current price of $3,100, 75% of these rewards amount to approximately $3 million—equivalent to one-third of their current daily token sales.
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