CryptoMediumUpdated•Originally published 1 October 2026•Updated 1 October 2026•
1 min read
Ethereum Co-Founder Joseph Lubin Linked to $356M ETH Transfer
Key Facts
1An early Ethereum whale wallet transferred 133,298 ETH worth approximately $356 million to a new address.
2The funds had been held in the wallet for four years prior to this sudden movement.
A transfer of 133,298 ETH, valued at approximately $356 million, has been linked to a wallet associated with Ethereum co-founder Joseph Lubin. TokenPost reported that the funds were moved to a new address after remaining dormant for four years.
The price of ETH held above the $2,700 level during trading on October 1, 2026, as this significant movement occurred. While the reactivation of assets by a network co-founder often draws market scrutiny, there has been no immediate confirmation regarding whether the transfer is intended for liquidation or internal restructuring.