The Golem Foundation has deposited over 98,000 ETH into PoS staking and still holds 279,000 ETH raised during the 2016 ICO

ChainCatcher news, according to on-chain data analyst Yu Jin's monitoring, from last night to early this morning, the Golem Foundation deposited 98,016 ETH (approximately 183 million USD) into ETH PoS staking. These ETH are part of the 820,000 ETH raised by Golem during the ICO in 2016.

It is reported that Golem raised 820,000 ETH on November 11, 2016, which amounted to 8.52 million USD based on the ETH price at that time (10.4 USD). The exchange rate was 1 ETH: 1000 GNT (renamed to GLM in 2020), with a unit price of 0.01 USD.

The Golem Foundation currently holds 279,629 ETH: 162,000 in the Golem: Multisig address and 112,000 in the PoS staking address.