Joseph Lubin added another 30,000 ETH to the Maker vault, bringing his total staked ETH to 110,000 ETH to avoid liquidation.

CoinFeed reported on June 6th that, according to Onchain Lens monitoring, Ethereum co-founder Joseph Lubin has replenished his Maker vault with another 30,000 ETH, worth approximately $47.12 million at current prices, to mitigate liquidation risk. Currently, Lubin has pledged a total of 110,000 ETH, worth approximately $171 million, in three different Maker vaults, and has used this ETH as collateral to borrow 259.05 million DAI. His continued replenishment of collateral has attracted market attention amidst increased volatility in the ETH market.