A wallet dormant for over three years used 4.16 million DAI to buy 1,734.1 ETH
Original headline沉寂逾三年钱包用 416 万枚 DAI 买入 1734.1 枚 ETH
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A wallet dormant for more than three years—possibly linked to a hacker—spent 4.16 million DAI to acquire 1,734.1 ETH before depositing the ETH into Tornado Cash, according to Lookonchain monitoring on November 5. The transaction implies an average purchase price of roughly $2,399 per ETH. The move matters because it reactivates a long-idle address and routes funds through the privacy mixer Tornado Cash, a pattern often associated with hackers or early holders moving assets. Traders will watch whether the wallet continues accumulating or moves more funds through Tornado Cash.
Muhabbit's AI wrote this summary in its own words from TechFlow's report and translated it from Chinese. It can get details wrong, so check the source.
Named in this story
Ethereum (ETH), DAI, Tornado Cash, Lookonchain
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