A wallet linked to Ethereum co-founder Joseph Lubin moved 110,000 ETH into Sky collateral to support a $259.05 million DAI debt position. According to NS3.AI, the transfer was valued at approximately $170.78 million.
Onchain data indicates that three Maker vaults hold 412,430 WETH as collateral. Neither Lubin nor Consensys has publicly commented on the wallet activity.
Joseph Lubin-Linked Wallet Moves 110,000 ETH Into Sky Collateral to Back $259.05 Million DAI Debt
2026-06-06 17:30:41
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