Step Finance Exploiter: Sells 261933 SOL for $21.4M
Step Finance exploiter offloads 261933 SOL worth $21.4M, bridges to Ethereum and deposits 12128 ETH into TornadoCash after five months dormant.
SourceAnalysis
Step Finance exploiter sold 261933 SOL for $21.4M after five months dormant, bridged proceeds to Ethereum and acquired 12128 ETH before routing funds through TornadoCash. SOL price action at $80.53 sits inside Bollinger Bands with upper resistance at $83.59 and lower support at $79.13 while EMA50 at $77.64 and EMA200 at $75.32 anchor the bullish structure. Momentum RSI at 54.41 remains neutral even as MACD registers a bearish death cross at 1.27, suggesting any post-sale pressure may meet bids near the 50-EMA before continuation. On-chain trackers now monitor similar dormant wallets for further SOL token movement tracking and Step Finance exploit analysis amid rising crypto laundering on Ethereum scrutiny.
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