Lookonchain: TornadoCash Hacker Longs BTC, Shorts ETH

Lookonchain flagged a newly created wallet that pulled 3100 ETH from TornadoCash, converted the funds to 6.92M USDC and wired them to Hyperliquid where the operator opened a 20x long on 169.47 BTC worth 12.84M and a matching 20x short on 5740 ETH worth 12.83M.

ETH trades at 2236.19 inside its Bollinger band with upper resistance at 2425.84 and lower support at 2127.39 while the EMA50 at 2282.43 and EMA200 at 2405.49 define the bearish structure and MACD sits at a death-cross reading of -18.32; RSI at 41.09 leaves room for further downside before any relief, so the 20x short aligns with price action testing the upper band then likely retracing toward the 50-EMA support.