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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

$1,880.67

-0.05%

$1,880.67

-0.05%

(24s)

24h Volume

$1,769,818,847.28

24h H/L

$1,886.58 / $1,876.01

Change: $10.57 (0.56%)

Long/Short

66.6%

Long: 66.6%Short: 33.4%

Funding Rate

+0.0044%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$1,880.72

▼ -0.10%

Volume (24h): -

Resistance Levels

Resistance 3$2,047.57

Resistance 2$1,932.92

Resistance 1$1,886.53

Price$1,880.72

Support 1$1,878.64

Support 2$1,838.57

Support 3$1,792.11

Pivot (PP):$1,881.75

Trend:Sideways

RSI (14):50.7

The Block Editorial

(05:21 PM UTC)

1 min read

Approved byMichael Roberts

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…

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The Block Editorial · The Block

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