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via The Block · By The Block Editorial

Wallet linked to Ethereum co-founder Joseph Lubin moves 110,000 ETH to defend $259M DAI debt position

ETH

ETH/USDT

$1,580.36

+1.14%

$1,580.36

+1.14%

(24s)

24h Volume

$11,492,329,310.74

24h H/L

$1,594.70 / $1,521.54

Change: $73.16 (4.81%)

Long/Short

74.1%

Long: 74.1%Short: 25.9%

Funding Rate

+0.0002%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$1,582.40

▲ 0.24%

Volume (24h): -

Resistance Levels

Resistance 3$1,872.11

Resistance 2$1,682.22

Resistance 1$1,595.35

Price$1,582.40

Support 1$1,579.53

Support 2$1,512.00

Support 3$1,244.77

Pivot (PP):$1,580.37

Trend:Downtrend

RSI (14):32.5

The Block Editorial

(05:21 PM UTC)

1 min read

Approved byMichael Roberts

972 views

0 comments

A wallet linked to Ethereum co-founder Joseph Lubin transferred 110,000 ETH, worth approximately $170.78 million, across three large transactions to three different wallets early on Saturday ET, with the funds deposited as additional Sky (formerly MakerDAO) collateral as ETH slid below $1,600, according to onchain analytics platform Onchain Lens. The three transactions followed a 1 ETH transfer…

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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The Block Editorial · The Block

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