A post by @lookonchain on X.

A wallet linked to a hacker moved 1,670 ETH worth $3.73 million out of Tornado Cash and deposited it into Hyperliquid over a 20-hour window, then sold the ETH to accumulate 2,959 ZEC at the same $3.73 million value. The swap shifts the address's exposure from Ethereum into Zcash, the privacy-focused chain, drawing attention because Tornado Cash outflows are often read as profit-taking or repositioning by exploiters. The trade comes as ZEC has drawn renewed interest as a privacy trade, and the near-exact dollar match suggests a full rotation rather than a partial hedge. Watch whether more Tornado Cash-linked ETH follows into Hyperliquid and whether ZEC holds the gains from this flow.