Ledger Hacker Address Transfers Another 885 ETH to Mixing Protocol Tornado Cash

Cybersecurity
Odaily

According to Lookonchain monitoring, the Ledger hacker address transferred another 885 ETH, worth approximately $2.14 million, to the mixing protocol Tornado Cash about 2 hours ago. This move may further increase the difficulty of tracking the related funds.

AI Insights

The Ledger hacker moved another 885 ETH to Tornado Cash, which suggests the stolen funds are being laundered rather than held; this doesn't immediately change supply, but it raises the risk of future liquidation once the funds are bridged to exchanges, so ETH faces mild downward pressure (weak).

Bearish
AI generated informational use. Not financial advice.
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