A wallet linked to Ethereum co-founder Joseph Lubin transferred 80,001 ether, after more than three years of inactivity. The movement landed as ETH changed hands at a local low of $1,520 earlier this week. Key TakeawaysA Joseph Lubin-linked wallet moved 80,001 ETH worth $121.6 million on June 6 after sitting idle for almost 36 months.The transfer landed with ether nearing $1,520, deepening a roughly 47% Ethereum decline through 2026.Markets are watching whether more of the wallet’s 243,300 ETH stake follows it onchain next.