via BeInCrypto · By BeInCrypto Editorial
Joseph Lubin’s $122 Million Move Sparks Sell-Off Fears for Ethereum
ETH/USDT
$9,243,227,924.20
$1,808.00 / $1,731.84
Change: $76.16 (4.40%)
+0.0009%
Longs pay
Ethereum co-founder Joseph Lubin moved 80,001 ETH worth roughly $122 million from a wallet that sat untouched for more than three years, reviving fears of founder selling as the token slid toward $1,500.
The transfer drew attention because dormant founder wallets rarely move during market stress. On-chain trackers later showed the ether never reached an exchange, complicating the sell pressure…
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
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