ETH Whale Moves $12.82M to Tornado Cash After Profitable August Buy

TLDR An ETH whale transferred 5,170 ETH worth approximately $12.82 million to Tornado Cash on October 13. The whale accumulated 5,147 ETH in August at an average price of $1,886.70, securing an estimated $3.056 million paper profit. On-chain analyst Ai Yi identified multiple transfers of roughly 100 ETH each into Tornado Cash. Ethereum recovered above $2,530 after briefly falling toward $2,404 earlier in the trading session. The whale’s intentions remain unknown, with no confirmed evidence linking the transfers to selling or illegal activity.

Source: CoinCentral