According to @EmberCN, a hacker who stole from the Bittrue exchange has laundered $30 million in Ether (ETH) through Tornado Cash, realizing a $9.37 million profit from trading the asset, based on Debank data. Despite this illicit activity and recent price weakness where ETH was rejected near the $2,673 level, on-chain data from Glassnode indicates a powerful bullish counter-signal. ETH whale wallets holding 1,000 to 10,000 ETH have been accumulating at a pace not seen since 2017, with daily net inflows surpassing 800,000 ETH for almost a week. Glassnode reports that the largest single-day inflow this year occurred on June 12, with over 871,000 ETH added to whale wallets. This significant accumulation during a price pullback suggests large entities are strategically buying the dip, potentially signaling long-term conviction ahead of possible ETF-related catalysts.

According to @lookonchain, a hacker who stole $23 million from the Bittrue exchange in 2023 has commenced laundering $30 million in assets through the crypto mixer Tornado Cash. Citing analysis from EmberCN, the hacker executed a profitable trading strategy with the stolen funds, realizing a $9.37 million profit on Ethereum (ETH). The strategy involved selling ETH in 2023 when prices were high, repurchasing it after a significant price drop, and holding it through its recent rally. Market data shows ETH dropped to around $1,472 in April 2023 before recently climbing above $2,800. On-chain data from Etherscan also reveals the hacker made several deposits to the decentralized derivatives exchange HyperLiquid, indicating sophisticated trading activity. Debank data confirms that the full amount is now being processed through Tornado Cash, a move that complicates tracking and recovery efforts.

According to @lookonchain, a hacker who stole $23 million from the Bittrue exchange in 2023 has successfully generated a $9.37 million profit by strategically trading Ether (ETH), as cited by EmberCN. The hacker's strategy involved selling the stolen tokens in 2023, repurchasing ETH after its price dropped, and holding through the recent rally that saw prices reach as high as $2,873. Citing Debank data, the report indicates that the hacker has now begun laundering $30 million worth of ETH through the mixing service Tornado Cash. The on-chain trail on Etherscan also reveals previous laundering activities and deposits to the decentralized derivatives exchange HyperLiquid, suggesting complex financial maneuvers with the illicit funds.

According to @KookCapitalLLC, the 'DeFi-first' layer-2 blockchain Katana has officially launched its mainnet, having secured $180 million in pre-deposits. Data from DefiLlama shows these deposits surged from $75 million since June 1. Katana aims to address critical DeFi liquidity problems like slippage and inefficient pricing through features such as VaultBridge and chain-owned liquidity (CoL), as stated by co-contributor Marc Boiron. Early participants are being rewarded with NFTs and a share of 70 million native KAT tokens, with yield farming opportunities available on platforms like Morpho and Sushi. The protocol is also blockchain-agnostic, supporting yield generation on chains like Solana (SOL) via its collaboration with Jito. In separate news, Debank data cited by EmberCN reveals that a hacker from the 2023 Bittrue exchange exploit has begun laundering funds. The individual reportedly made a $9.37 million profit by strategically trading Ether (ETH), selling high in 2023 and repurchasing low before its recent price rebound. The hacker has now funneled approximately $30 million in ETH through the mixing service Tornado Cash. Current market data shows ETH trading around $2,521.

According to @rovercrc, a hacker who stole $23 million from the Bittrue exchange in 2023 has reportedly made a $9.37 million profit by strategically trading Ether (ETH) and is now laundering $30 million through the Tornado Cash mixing service. Citing Debank data, EmberCN reported that the hacker sold the stolen tokens in 2023, repurchased them at a lower price, and held through ETH's recent rally. On-chain data from Etherscan also reveals deposits to the decentralized derivatives exchange HyperLiquid. Currently, ETH is trading around $2,520. In a separate development, the Trump-affiliated World Liberty Foundation announced a significant policy change, stating its WLFI token will soon become transferable and tradable, a reversal of its initial non-tradable design. This move could open up WLFI to secondary market speculation.

According to @AltcoinGordon, a hacker from the 2023 Bittrue exchange exploit successfully made a $9.37 million profit by strategically trading Ether (ETH) before laundering $30 million through Tornado Cash, as reported by EmberCN citing Debank data. The hacker sold ETH in 2023, repurchased it after a price drop, and held through its recent rally to $2,873. In a separate event highlighting market volatility, a derivatives trader on HyperLiquid, AguilaTrades, experienced a dramatic reversal, turning a $10 million unrealized profit on a leveraged Bitcoin (BTC) long position into a $2.5 million loss after BTC's price fell 4%. This incident, noted by Lookonchain, underscores the risks of high-leverage trading in a range-bound market, where BTC has been fluctuating between approximately $100,000 support and $110,000 resistance.

According to @lookonchain, a hacker responsible for the $23 million theft from the Bittrue exchange in 2023 has initiated laundering the funds through the Tornado Cash mixing service. Citing Debank data, EmberCN reported that the hacker recently sent $30 million worth of Ether (ETH) to the service. The individual reportedly made a profit of $9.37 million by strategically trading the stolen assets, selling ETH in 2023, repurchasing it after a price drop, and holding it through its recent price appreciation. Debank data indicates that all the stolen funds are now being funneled through Tornado Cash. Additionally, the hacker's on-chain history on Etherscan reveals that some funds were also deposited to the decentralized derivatives exchange HyperLiquid, indicating complex laundering and trading activities.

According to @lookonchain, a hacker responsible for the $23 million theft from the Bittrue exchange in 2023 has initiated laundering activities. Citing Debank data, EmberCN reports that the individual funneled $30 million worth of Ether (ETH) through the mixing service Tornado Cash. This sum includes a significant trading profit of $9.37 million, which the hacker reportedly made by selling the initially stolen assets, repurchasing ETH after its price dropped, and holding it through its recent rally. On-chain analysis from Etherscan further reveals that some of the stolen funds were also moved to the decentralized derivatives exchange HyperLiquid. This movement of illicit funds, particularly the profitable trading strategy employed, is a significant event for on-chain analysts monitoring wallet activities and potential impacts on platforms like Tornado Cash and HyperLiquid.

According to PeckShieldAlert, the address labeled as the Abracadabra.money exploiter has moved 3,000 ETH, valued at approximately $7.5 million, to Tornado Cash. This follows the March 2025 incident where Abracadabra was drained of $13 million in a major exploit (source: PeckShieldAlert on Twitter, June 19, 2025). This movement of stolen funds through Tornado Cash increases risks of further market sell-offs and raises concerns over the security of DeFi platforms and the traceability of large ETH transfers. Traders should monitor ETH price volatility and be cautious with DeFi protocols facing exploit aftermaths.

According to PeckShieldAlert, the Bitrue exploiter's labeled address swapped approximately $16 million in DAI for 5,197 ETH and subsequently laundered a total of 11,000 ETH, valued at around $30 million, using Tornado Cash (source: PeckShieldAlert on Twitter, June 13, 2025). This significant movement of ETH through privacy protocol Tornado Cash increases short-term volatility and raises risk levels for both ETH and DAI holders. Traders should closely monitor exchange inflows and on-chain activity for ETH, as large-scale laundering events like this often precede increased price swings and heightened scrutiny from regulators, potentially impacting ETH trading volumes and liquidity.

According to @EmberCN, the hacker who stole $23 million in various tokens from Bitrue exchange in April 2023 has successfully converted all assets to ETH and laundered them through Tornado Cash over a two-year period. The assets' value increased by $9.36 million due to ETH price appreciation, and the hacker further profited $4.72 million by trading ETH, selling high and buying low. This incident highlights ongoing security risks for centralized exchanges and the impact of sophisticated laundering techniques on ETH market dynamics. (Source: @EmberCN on Twitter, June 12, 2025)

According to @EmberCN on Twitter, the Bitrue hacker has used 8.304 million DAI to purchase 3,000 ETH and subsequently laundered 4,600 ETH (worth $12.65 million) through Tornado Cash. The hacker's address still holds 8.04 million DAI and 3,510 ETH. This movement of significant assets through decentralized exchanges and mixers like Tornado Cash raises immediate security concerns for the Ethereum (ETH) market and DAI holders, with potential short-term volatility in ETH price and on-chain activity. Traders should monitor on-chain flows and exchange inflows for sudden shifts in liquidity and market sentiment. (Source: @EmberCN, Twitter, June 12, 2025)

According to @Bitget_zh, the Bitrue exchange hacker has recently used 16.34 million DAI to purchase ETH and is actively laundering funds through Tornado Cash. The DAI originated from selling 4,207 ETH at $3,885 in March 2024, which itself came from the $23 million multi-token hack at Bitrue in April 2023. The hacker’s recent moves—converting DAI back to ETH and funneling it through Tornado Cash—demonstrate sophisticated trading and money-laundering strategies. This incident increases market volatility for both ETH and DAI, with possible negative sentiment and increased scrutiny on privacy protocols and centralized exchanges. Traders should watch for on-chain movements related to these addresses for short-term liquidity risks and price fluctuations. (Source: @Bitget_zh, Debank.com)

According to PeckShieldAlert, Zunami Protocol suffered a security breach resulting in the theft of collateral for zunUSD and zunETH, with losses totaling approximately $500,000. The attacker swiftly moved the stolen assets to Tornado Cash, making recovery more difficult. This incident highlights ongoing vulnerabilities in DeFi protocols and could impact market confidence and token prices associated with Zunami Protocol and related DeFi projects. Traders should closely monitor security developments and liquidity changes for zunUSD and zunETH, as well as broader implications for DeFi risk premiums. Source: PeckShieldAlert on Twitter, May 15, 2025.

According to ZachXBT, following a recent NFT theft, the attacker rapidly sold the stolen NFTs and transferred the proceeds—amounting to 4 x 100 ETH, 5 x 100K DAI, 8 x 10 ETH, 2 x 1 ETH, and 3 x 0.1 ETH—directly to Tornado Cash (source: ZachXBT on Twitter, May 9, 2025). Due to the unique transaction amounts and subsequent fund consolidation after mixing, analysts can now perform a high-confidence 1:1 demix of the Tornado Cash transfers. This increases the chances of tracing stolen assets and may impact short-term on-chain trading sentiment for ETH and DAI, while highlighting ongoing risks around NFT security and Tornado Cash's role in laundering. Crypto traders should monitor for increased volatility and potential regulatory scrutiny surrounding privacy mixers and stolen NFT funds.

According to @iampaulgrewal, the DOJ's anti-money laundering (AML) positions in the Tornado Cash and Samurai cases directly conflicted with FinCEN’s official guidance on which entities have AML obligations. This regulatory inconsistency may create heightened legal and compliance risks for DeFi traders and crypto platforms, increasing uncertainty around AML enforcement and potentially affecting trading volumes and platform participation (source: https://twitter.com/iampaulgrewal/status/1919504288717672517). Traders should monitor ongoing regulatory developments, as further DOJ actions could influence market sentiment and liquidity across decentralized exchange protocols.

According to PeckShieldAlert, addresses linked to the Bitrue exploiter have recently swapped 150 billion SHIB and 756 million HOT tokens for approximately 1,500 ETH, with 1,050 ETH subsequently laundered through Tornado Cash. The exploiter continues to hold 5,111 ETH and 16 million DAI, with a total value of around $25.5 million. This activity follows the 2023 Bitrue cyberattack and highlights ongoing risks for token liquidity and ETH market sentiment as large asset movements by malicious actors can trigger price volatility and impact trader confidence (Source: PeckShieldAlert).

According to EmberCN on Twitter, the Bitrue exchange hacker converted stolen SHIB and HOT tokens into Ethereum, then deposited 1050 ETH (approximately $1.9M) into Tornado Cash to obscure the funds' trail. The hacker transferred the remaining assets, including 5,111.5 ETH ($9.2M) and 16.345 million DAI (worth $25.545M in total), to a new address for storage. This movement of large ETH and DAI volumes out of Bitrue may impact market liquidity and raise caution for traders monitoring unusual on-chain activity and potential sell-off risks. (Source: twitter.com/EmberCN/status/1916477838406111542)

According to MistTrack, the crypto account @th3r0ar was exploited with approximately $780K lost, involving the transfer of 493.1 ETH to Tornado Cash. This incident highlights the importance of vigilance in crypto transactions. The exploit’s funds originated from a 0.1 ETH transfer from Tornado Cash on April 18, 2024, to the address 0xe543...2bfc, with further transactions noted on April 22, 2024, and April 13, 2025. Traders must consider enhanced security measures and monitor suspicious activity to mitigate risks in the volatile cryptocurrency market.

According to PeckShieldAlert, the staking contract of @th3r0ar was hacked, resulting in a significant loss of 493.7 ETH, valued at approximately $790,000. The stolen funds were swiftly transferred to Tornado Cash, a privacy-focused Ethereum mixer known for obfuscating transaction trails. This incident highlights the critical need for enhanced security measures in crypto staking contracts. Traders should remain vigilant about potential vulnerabilities in staking platforms and consider diversifying risk across multiple contracts. For further insights into securing staking investments, consider reviewing smart contract audits and security best practices.