Ethereum wallet linked to Lubin moves $123 million in ETH
🚨 Nearly $123 million in ETH was moved from a Lubin-linked Ethereum wallet after over three years of dormancy.
💼 The ETH was used as collateral in MakerDAO rather than being sent directly to exchanges.
📉 This transfer happened as $ETH ETFs and Bitcoin ETFs both saw strong outflows.
big move after dormancy - often signals shifting strategies or macro caution in my experience