Shaurya Malwa · 4 hours ago · 2 min read
Mark Cuban, billionaire investor and owner of the NBA’s Dallas Mavericks, has inadvertently “doxxed” his Ethereum (ETH) wallet today, revealing a cornucopia of mostly DeFi ERC-20 tokens that he holds.
I definitely got my share of shitcoins lol.
— Mark Cuban (@mcuban) January 28, 2021
“I definitely got my share of shitcoins lol,” Cuban replied to The Block’s Steven Zhang who was the first to discover the wallet.
The realization came after Cuban posted a clip of himself dancing in a Mavericks outfit, noting that it can be bought from his account on Rarible—a blockchain-based marketplace for non-fungible tokens (NFTs).
— Mark Cuban (@mcuban) January 27, 2021
“Oh hello @mcuban’s Ethereum wallet,” Zhang tweeted shortly after, adding, “You can trace it by looking at the account that funded this Rarible address. Promoting NFT = doxx.”
What tokens Cuban holds?
When the contents of Cuban’s Ethereum wallet were revealed, users discovered that he currently has only 0.54 ETH ($694). However, the lion’s share of his ERC-20 holdings consists of 450 Staked AAVE (stkAAVE) tokens—which means that Cuban is staking $126,499 worth of AAVE on decentralized finance platforms.
We memba Mercury Protocol lol
But generally, it's just interesting to see the "establishment" actually using this stuff
Pretty wild to think Cuban is staking and using DEXs
— Rob Paone (@crypto_bobby) January 27, 2021
As other users pointed out, some—if not most—of Cuban’s other 40 tokens are colloquially considered “shitcoins.” For example, the billionaire investor holds varying amounts of assets such as Friends With Benefits (FWB), MASQ, LADZ, Parachute (PAR), HYVE, Fantom Token (FTM), and others.
— Pomp 🌪 (@APompliano) January 28, 2021
Notably, some tokens from Cuban’s wallet have surged today. For example, the price of HYVE has suddenly reached a new all-time high of roughly $0,078, jumping by up to 60% during the day, according to CoinMarketCap.
Fantom Token’s price similarly increased from $0.25 to $0.88 over the last 5 days, although its rally began prior to the discovery of Cuban’s wallet.