🚨 On-chain alert: Hacker funds on the move, over $3.7 million in ETH swapped for ZEC
On-chain monitoring shows what appears to be a significant shift in funds belonging to a hacker or mixer.
▶︎ Source of funds: 1,670 $ETH (worth $3.73 million) withdrawn from #TornadoCash over the past 20 hours.
▶︎ Transaction path: Deposited into Hyperliquid and sold in full.
▶︎ Final destination: 2,959 $ZEC (worth $3.73 million) purchased at the same time.
Using mixer funds to make a large position swap on a decentralized derivatives platform—and precisely timing the recent strength in ZEC—is worth close attention. Be alert to potentially sharp volatility ahead.
$ETH $ZEC
On-chain monitoring shows what appears to be a significant shift in funds belonging to a hacker or mixer.
▶︎ Source of funds: 1,670 $ETH (worth $3.73 million) withdrawn from #TornadoCash over the past 20 hours.
▶︎ Transaction path: Deposited into Hyperliquid and sold in full.
▶︎ Final destination: 2,959 $ZEC (worth $3.73 million) purchased at the same time.
Using mixer funds to make a large position swap on a decentralized derivatives platform—and precisely timing the recent strength in ZEC—is worth close attention. Be alert to potentially sharp volatility ahead.
$ETH $ZEC
