Drift Protocol Exploiter: Deposits 25,700 ETH to TornadoCash
Lookonchain reports the Drift Protocol exploiter deposited 25,700 ETH worth $61.56M into TornadoCash after two months of inactivity while retaining 81,864 ETH valued at $195M.
SourceAnalysis
Drift Protocol exploiter moved 25,700 ETH ($61.56M) into TornadoCash over the past two hours after two months of dormancy, according to @lookonchain, and still controls 81,864 ETH ($195M).
ETH trades at $2385.9 beneath the EMA50 at $2443.19 inside a bearish structure defined by the EMA200 at $2520.23. The MACD golden cross at -12.29 hints at building momentum while RSI at 43.53 remains neutral. Price sits inside the Bollinger bands with lower support at $2362.33 and upper resistance at $2452.62, so any sustained selling from the exploiter would likely test the lower band before the 50-EMA offers meaningful confluence.
Lookonchain
@lookonchainLooking for smartmoney onchain