Is Ethereum co-founder Joe Lubin preparing to offload a large amount of ETH?
Blockchain tracker Lookonchain reports that a wallet linked to Ethereum co-founder Joe Lubin moved 80,001 ETH after roughly three years of inactivity. The transfer was valued at about $121 million at the time. The wallet reportedly held around $370 million worth of ETH in total, fueling market speculation about a potential sell-off.