Lookonchain, an analytics account, has identified multiple Ethereum transfers by the decentralized blockchain project Golem to the top three cryptocurrency exchanges in the past three days. Additionally, an old whale also sent ETH to Kraken. In 2016, Golem held an ICO raising 820,000 ETH and has recently sold 24,400 ETH on Binance, Coinbase, and Bitfinex, converting it to $72 million. Despite the sales, Golem still possesses 127,634 ETH valued at $372 million. The increase in ETH value from $10.2 in 2016 to $3,055 currently marks a significant growth of over 29,311%. Golem, a pioneering dApp on the Ethereum network, operates as a decentralized platform providing computing power for the AI industry through a P2P marketplace. Users can access GLM tokens on the Golem platform for utilizing distributed computing resources, facilitating parallel processing of tasks. On the other hand, Spotonchain reported a 7% drop in Ethereum's price in the last 24 hours to $3,000, prompting two whales to unload 13,680 ETH on major exchanges, realizing profits of approximately $41 million. One trader sent 6,440 ETH to Binance, and another deposited 7,240 ETH to Kraken, yielding an estimated profit of $20.6 million. Despite the recent losses, Ethereum has shown signs of recovery with small and notable price movements.