Data: Ethereum co-founder Joseph Lubin's associated address has staked over 410,000 ETH, and the health has risen to above 1.48
According to on-chain analyst @ai_9684xtpa, three addresses likely belonging to Ethereum co-founder Joseph Lubin have currently pledged 412,430 ETH, worth approximately $653 million, and borrowed 259 million DAI.
Data shows that the health of the aforementioned positions briefly fell below 1.2 during yesterday's ETH decline. However, the addresses associated with Joseph Lubin subsequently added approximately 110,000 ETH as collateral, bringing the health of the positions back above 1.48.
Analysts indicate that Joseph Lubin acquired 540,000 ETH through the Ethereum ICO in 2015 at a cost of about $0.31. Based on the current position situation, the likelihood of his lending position being liquidated has significantly decreased.
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