Markets· ★★· neutral·

Tornado Cash-linked entity buys 3,000.5 ETH for $7.06M, swaps to BTC

  • —Bought 3,000.5 ETH for $7.06M since Oct. 23
  • —Funds originated from the Tornado Cash mixer
  • —ETH swapped into BTC via cross-chain protocol THORChain
  • —Prior sales at $3,109 and $2,679; rebought at $2,353
Why it matters: A large mixer-linked player that timed earlier tops is rotating into BTC, a signal of shifting preferences among big holders.
Source: PANews