According to @OnchainLens, an address linked to the alleged Coinbase hacker (0x9b01b0545afe5b9957efc7945253e19b2ba07d9c) has received 5,514 ETH valued at approximately $24.04 million and has been withdrawing ETH through Tornado Cash. According to @OnchainLens, the withdrawals are occurring gradually rather than as a single bulk transfer, indicating ongoing mixer activity to disperse funds. According to the U.S. Treasury’s Office of Foreign Assets Control (OFAC), Tornado Cash is a sanctioned mixing service used to obfuscate transaction trails, elevating compliance and tracing risks around related flows. According to Chainalysis research, mixers are frequently used by illicit actors to launder proceeds on-chain, underscoring the relevance of monitoring mixer-linked outflows for market risk awareness.