Ethereum co-founder Joseph Lubin has become the focus of market attention after a wallet linked to him moved 80,001 ETH worth approximately $121.6 million, ending more than three years of inactivity and triggering speculation about the purpose of the transaction. According to blockchain tracking platform Lookonchain, the transfer originated from a wallet associated with Lubin and involved a substantial portion of the address’s holdings. The movement comes at a time when Ethereum is facing renewed selling pressure, adding to concerns among investors already watching the asset’s recent decline.