Wallet tied to Joseph Lubin moves $356M in ETH; no sign of sale
A Lubin-linked wallet moved $356 million in ETH to a fresh address, with no evidence of selling so far.
Veteran trader Peter Brandt calls Stellar a long-shot bet based on chart signals as XLM gains momentum.
Longtime trader Peter Brandt has described Stellar (XLM) as a speculative wager worth monitoring over the next several years, basing his view on technical indicators rather than market narratives or blockchain philosophy.
The remark arrives as XLM picks up steam, driven by emerging chart formations and real-world institutional usage.
A long-shot bet refers to a speculative trade carrying uncertain odds that could yield significant returns if successful. Brandt, a well-known Market Wizard, shared this perspective with his 1.3 million followers on X, stating that Stellar seems like a strong candidate for such a trade.
“I do not need to understand an asset to trade it. Price is the only thing that matters to me,” Brandt said on X.
If you want to bet on a long shot (next few years), stellar:native is a good pick pic.twitter.com/g5VmqMnInp
— The Factor Report (@PeterLBrandt) September 28, 2026
He accompanied the statement with a technical chart review rather than a definitive forecast. Over decades, Brandt has established his reputation through classical technical analysis applied across numerous asset classes. XLM is currently trading at approximately $0.2309, based on BeInCrypto data.
The token has risen around 11% in the last 24 hours. Over the past month, it has advanced roughly 28%, continuing a broader recovery from earlier troughs.
Other technical analysts share this optimistic outlook. Dark Defender posted an updated chart on September 28. That analysis indicated additional upside potential, building on an earlier mid-September assessment.
#XLM
— Dark Defender (@DefendDark) September 28, 2026
11 September analysis is below.
You can guess what is next 🎯
⁽ⁿᵒᵗ ᶠⁱⁿᵃⁿᶜⁱᵃˡ ᵃᵈᵛⁱᶜᵉ ᵇᵘᵗ ʲᵘˢᵗ ᵐʸ ᵗʰᵒᵘᵍʰᵗˢ ᵒⁿˡʸ⁾ pic.twitter.com/oPktccbLDs
Recent infrastructure updates may be reinforcing the revived interest. On September 22, Mastercard-owned BVNK integrated the Stellar network into its stablecoin payments platform. This integration offers enterprise clients single-API access to Stellar's swift, low-cost transaction rails.
Those rails now span more than 130 markets globally. They facilitate cross-border payments, payouts, remittances, and treasury transfers for large institutions. Days later, Spectra Finance launched fixed-term markets for a tokenized Janus Henderson treasury product on Stellar.
That launch enables users to trade principal and yield tokens separately. It broadens fixed-income options for real-world assets on the blockchain. Collectively, these steps build on Stellar's longstanding emphasis on payments and tokenization.
The network has increasingly positioned itself as an infrastructure layer for institutions rather than purely for retail speculation. Brandt characterized XLM as a speculative play rather than a guaranteed opportunity. Results will depend on ongoing adoption and broader market dynamics.
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Disclaimer: this article comes from third-party media and is provided for reference only. It does not constitute investment advice. Crypto and other financial products carry significant price volatility risk, so please make your own decisions carefully.
A Lubin-linked wallet moved $356 million in ETH to a fresh address, with no evidence of selling so far.
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