Joseph Lubin-Linked Wallet Ignites Ethereum Dump Fears After $121M ETH Transfer

Jun 8, 2026

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Joseph Lubin-Linked Wallet Moves 80,001 ETH After Three Years

Blockchain analytics platform Lookonchain flagged a notable transfer on June 6, noting that a wallet associated with Joseph Lubin, the co-founder of Ethereum and chief executive of Consensys, moved 80,001 ETH valued at $121.6 million following more than three years of complete dormancy.

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BTC(BTC)
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