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Joseph Lubin borrows 4.1M DAI against $31.4M in ETH collateral

February 05, 2026, 6:41 AM
An address presumed to belong to Consensys founder Joseph Lubin deposited 15,000 ETH, worth $31.43 million, into Sky (SKY), formerly MakerDAO, and subsequently borrowed 4.1 million DAI, Onchain Lens reported. The address currently holds 137,908 ETH, valued at $287.29 million, and has an outstanding loan of 107.77 million DAI.

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