Huoxing Finance reports that, on October 25, chain analyst Ai Yi (@ai_9684xtpa) monitored that a mysterious entity with funds originating from Tornado Cash has accumulated 3,000.5 ETH (valued at $7.06 million) since October 23, subsequently exchanging them for BTC via the cross-chain protocol THORChain. This entity previously sold ETH in batches at price peaks and recently repurchased at lows. It had previously sold ETH in January 2026 at $3,109 and in September at $2,679, and has now repurchased at $2,353.
Mysterious Entity Buys 3,000.5 ETH at Recent Low After Selling at Higher Prices
MarsBitShare
Summary
A large holder linked to Tornado Cash purchased 3,001.5 ETH ($7.06 million) at $2,353 per ETH on October 25, 2026, following sales at higher prices in January and September. The purchase occurred near key support and resistance levels, indicating a calculated risk-to-reward profile. The entity later swapped the ETH for BTC via THORChain.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.