June 6, 2026·Bullish·onchain activity

Joseph Lubin Moves 80,000 ETH to Reduce Liquidation Risk

A wallet linked to Ethereum co-founder Joseph Lubin transferred 80,000 ETH ($123.5 million) to two wallets and supplied the funds into MakerDAO to reduce liquidation risk on his positions.

Detected & updated continuously · Source: Nebula

Mentioned

Maker (mkr)

@ethereumJoseph

Sources

@OnchainLens

A wallet linked to Joseph Lubin (@ethereumJoseph), Co-Founder of @ethereum and Founder of @Consensys • Transferred 80,000 $ETH worth $123.5M to 2 wallets • Supplied the $ETH into MakerDAO • The move appears to be aimed at reducing liquidation risk • Currently has $209.26M https://t.co/tdgdPQwdyr