A post by @lookonchain on X.
Even hackers are panic-selling $ETH as the market crashes!
@lookonchain on X
Not investment advice. Muhabbit scores how much a story may matter, not which way to trade.
A wallet linked to hackers received 1,500 ETH from Tornado Cash and sold 1,499.5 ETH for roughly $3 million at an average price of $1,998 as the broader market crashed, according to on-chain data flagged by Lookonchain. The near-total liquidation of the transfer, routed through the privacy mixer, suggests the seller prioritized exiting exposure over holding through the downturn. The trade underscores how even typically patient on-chain holders are de-risking during the selloff. Traders will watch whether other Tornado Cash-linked wallets follow with similar ETH sales, and whether the $2,000 level holds as a support reference.
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Named in this story
Ethereum (ETH), TornadoCash, Lookonchain, 0x90e5090BF6bEE049e8Ef0b971644e33FAf9C7298
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