A wallet linked to Ethereum co-founder Joseph Lubin has moved for the first time in over three years, transferring $121.6 million worth of ETH into DeFi amid a brutal market collapse that has sent Ether spiraling to its lowest price since early 2024. The timing could not be more loaded, and the crypto market is paying close attention. Dormant Wallet Breaks Three Years of Silence On-chain data tracked by Onchainlens confirms that a wallet associated with Joseph Lubin, co-founder of Ethereum and founder of Consensys, transferred 80,001 ETH, worth approximately $121.6 million at the time of the move, after sitting
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