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4,920 ETH Worth $16.25M Pulled From Tornado Cash As Ethereum Falls 13% This Week


by Peter Mwangi
for CoinEdition
4,920 ETH Worth $16.25M Pulled From Tornado Cash As Ethereum Falls 13% This Week

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  • Three new wallets withdrew 4,920 ETH worth about $16.25 million from Tornado Cash and sold around $3,302 per ETH, Lookonchain reported.
  • The transfers arrived shortly after wallets tied on-chain to HEX founder Richard Heart had deposited 162,937 ETH (about $619 million) into Tornado Cash earlier in 2024. Attribution for the latest moves is still unclear.
  • Ethereum fell 13.06% this week to about $3,353.68, with market cap down 2.53% daily to $404.77 billion while privacy-routed flows drew fresh scrutiny.

Lookonchain tracked a fresh sequence of Tornado Cash withdrawals involving three newly active wallets that together pulled out 4,920 ETH, valued at roughly $16.25 million. The ETH was moved at about $3,302 per coin. The size and timing attracted attention because the addresses were not long-lived and were funded entirely via the privacy mixer.

Read The Full Article 4,920 ETH Worth $16.25M Pulled From Tornado Cash As Ethereum Falls 13% This Week On Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 3.17K

-0.39%

$ 0.00...361

$ 0.00255

$ 3.46

$ 0.0013

-1.12%

Share:

In This News

Coins

$ 3.17K

-0.39%

$ 0.00...361

$ 0.00255

$ 3.46

$ 0.0013

-1.12%

Share:

Read More

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4,920 ETH Worth $16.25M Pulled From Tornado Cash As Ethereum Falls 13% This Week


by Peter Mwangi
for CoinEdition
4,920 ETH Worth $16.25M Pulled From Tornado Cash As Ethereum Falls 13% This Week

Share:

  • Three new wallets withdrew 4,920 ETH worth about $16.25 million from Tornado Cash and sold around $3,302 per ETH, Lookonchain reported.
  • The transfers arrived shortly after wallets tied on-chain to HEX founder Richard Heart had deposited 162,937 ETH (about $619 million) into Tornado Cash earlier in 2024. Attribution for the latest moves is still unclear.
  • Ethereum fell 13.06% this week to about $3,353.68, with market cap down 2.53% daily to $404.77 billion while privacy-routed flows drew fresh scrutiny.

Lookonchain tracked a fresh sequence of Tornado Cash withdrawals involving three newly active wallets that together pulled out 4,920 ETH, valued at roughly $16.25 million. The ETH was moved at about $3,302 per coin. The size and timing attracted attention because the addresses were not long-lived and were funded entirely via the privacy mixer.

Read The Full Article 4,920 ETH Worth $16.25M Pulled From Tornado Cash As Ethereum Falls 13% This Week On Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 3.17K

-0.39%

$ 0.00...361

$ 0.00255

$ 3.46

$ 0.0013

-1.12%

Share:

In This News

Coins

$ 3.17K

-0.39%

$ 0.00...361

$ 0.00255

$ 3.46

$ 0.0013

-1.12%

Share:

Read More

Crypto Market Sentiment Plummets to Eight-Month Low Amid Price Volatility

Crypto Market Sentiment Plummets to Eight-Month Low Amid Price Volatility

Market​‍​‌‍​‍‌​‍​‌‍​‍‌ confidence in digital assets is at its lowest level since late...
DOJ Rejects Roman Storm’s Plea as Tornado Cash Verdict Will Stand

DOJ Rejects Roman Storm’s Plea as Tornado Cash Verdict Will Stand

Federal prosecutors have filed a 113-page brief asking US District Judge Katherine Po...