PANews, October 13: According to on-chain analyst Ai Yi, a large holder who accumulated 5,147 ETH at an average price of $1,886.7 between August 12 and 13 transferred 5,170 ETH in batches to the mixer protocol Tornado Cash approximately five hours ago, valued at around $12.82 million. The position currently holds an unrealized profit of approximately $3.056 million. The purpose of the transfer is currently unknown.
Large ETH holder transfers 5,170 ETH to Tornado Cash
PANewsShare
Summary
A large ETH holder transferred 5,170 ETH to Tornado Cash, valued at approximately $12.82 million. The ETH was accumulated at an average price of $1,886.7 between August 12 and 13, resulting in an unrealized profit of $3.056 million. The ETH price remained stable during the transaction. The purpose of the transfer is unclear, and ETH analysis indicates no immediate market impact.
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