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Ethereum Co-Founder Moves 110,000 ETH to Secure $259M DAI Debt

Ethereum Co-Founder Moves 110,000 ETH to Secure $259M DAI Debt
Bastian Riccardi · pexels

A wallet linked to Ethereum co-founder Joseph Lubin recently executed a substantial on-chain transaction, moving 110,000 ETH. This significant transfer was identified by onchain analysts as a defensive maneuver to fortify a $259 million DAI debt position. The…