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Ethereum Co-Founder Moves $170M in ETH to Protect Debt Position
By Trader Edge at 2026-06-07 14:30
Sentiment: Negative
TLDR A wallet linked to Ethereum co-founder Joseph Lubin transferred 110,000 ETH worth roughly $170 million on June 6, 2026. The move came after three years of inactivity from the source wallet. The ETH was added as collateral to three Sky (formerly MakerDAO) vaults holding $259 million in DAI debt. Onchain analysts said the move [...] The post Ethereum Co-Founder Moves $170M in ETH to Protect Debt Position appeared first on CoinCentral. Continue reading...
Categories: Analysis
Tags: #Analysis
Source Coin Central