At a cost of $0.31, you can get to where you are now—using collateralized lending to unlock cash flow without paying taxes; this is the playbook for top-tier HODLers

CoinWorld News reports that, according to monitoring by crypto analyst AI Aunt, three addresses, which are highly likely to belong to Ethereum co-founder Joseph Lubin, have collectively collateralized 412.4k ETH, worth approximately $653 million, and lent out 259 million DAI. During yesterday's ETH decline, the position health factor briefly dropped below 1.2, then an additional 110k ETH was collateralized, bringing the health factor back above 1.48. AI Aunt states that Joseph Lubin acquired 540k ETH in 2015 through Ethereum's early issuance at a cost of about $0.31 per ETH, and the risk of liquidation on his lending position has now decreased.