Joseph Lubin Moves 110,000 ETH to Sky Protocol Vault to Avoid Liquidation

Ethereum co-founder Joseph Lubin transferred 110,000 ETH from his wallet into a Sky Protocol vault, saying the move was intended to defend against liquidation rather than to sell the tokens. According to NS3.AI, the transfer marked the first time the wallet had made this type of move in three years. The report described the transaction as a risk-management step tied to liquidation protection, with the ETH placed into the Sky Protocol vault.