Ethereum co-founder Joseph Lubin made a significant move on February 5, transferring 15,000 ETH into MakerDAO's protocol. The transaction, which Lubin's linked wallet executed, saw the assets deposited at $31.43 million in value at that time. Through this move, Lubin borrowed 4.1 million DAI tokens against the collateral. According to available data, Lubin's wallet holds a substantial portfolio with 137,908 Ethereum tokens worth approximately $287.29 million, against which 107.77 million DAI has been borrowed. The Consensys founder's DeFi activity reflects continued engagement with major lending protocols in the ecosystem.
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Ethereum co-founder Joseph Lubin made a significant move on February 5, transferring 15,000 ETH into MakerDAO's protocol. The transaction, which Lubin's linked wallet executed, saw the assets deposited at $31.43 million in value at that time. Through this move, Lubin borrowed 4.1 million DAI tokens against the collateral. According to available data, Lubin's wallet holds a substantial portfolio with 137,908 Ethereum tokens worth approximately $287.29 million, against which 107.77 million DAI has been borrowed. The Consensys founder's DeFi activity reflects continued engagement with major lending protocols in the ecosystem.