A wallet linked to Ethereum co-founder Joseph Lubin transferred 133,298 ETH, valued at $356.2 million, to a new wallet. The transfer occurred five hours before the update reporting it.
The destination was described as a new wallet. The transfer alone does not show whether the ETH was sold or whether its ownership changed.
Frequently asked questions
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How much ETH did the wallet transfer?
The wallet transferred 133,298 ETH.
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What was the reported value of the ETH transfer?
The 133,298 ETH was valued at $356.2 million.
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Where did the ETH go?
It went to a wallet described as new. The transfer does not establish who controls the destination.
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Does the transfer show that Joseph Lubin sold ETH?
No sale was established. The reported activity was a transfer from a wallet linked to Lubin to a new wallet.
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When did the transfer occur relative to the update?
It occurred five hours before the update reporting it.
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