Onchain Lens reports a threat actor transferred 1,529 ETH worth roughly $2.98 million to a new wallet before depositing about $2.7 million into Tornado Cash as part of ongoing laundering activity.

According to @OnchainLens, a tracked wallet sent 2,676 ETH (about $5.69M) to FalconX, pushing realized losses above $20M, and now holds 854 ETH (about $1.82M); the address is 0xaea5ad2ad59c0e75ba2ae3f26bccdcbccffdd5fd, according to @OnchainLens. According to @OnchainLens, this follows an earlier deposit of 8,329 ETH to Galaxy Digital after roughly four months of holding and a prior withdrawal of 11,860 ETH from OKX. FalconX and Galaxy Digital provide institutional brokerage and OTC execution that facilitate large transfers and liquidity sourcing, according to FalconX and Galaxy Digital.

According to @OnchainLens, citing Nansen data, a wallet labeled as linked to the Pendle team deposited 1.8M PENDLE, worth about $3.84M, to Bybit after holding the tokens for three years. According to @OnchainLens, the wallet originally received these PENDLE from the Pendle Vesting Wallet for $266K, and the address is 0x6b4166974fcf730d7933656d26d52922ee285cf0, with all figures and labels sourced from Nansen.