Mercado Bitcoin hacker moves $8M in ETH: Is Tornado Cash next?

The hacker behind the $46 million Mercado Bitcoin breach has transferred approximately $8 million worth of Ethereum to new wallets, while blockchain investigators have identified more than $9 million in stolen assets that have been frozen. Arkham reported that the Mercado Bitcoin hacker moved approximately $8 million in Ethereum to new wallets following the $46 million exchange breach. More than $9 million in stolen cryptocurrency has been frozen, while the attacker continues to control millions of dollars in assets across multiple blockchains. Lookonchain warned that several altcoins, including PEPE, AAVE, PENDLE, VIRTUAL and ONDO, could face selling pressure if the hacker begins liquidating the remaining holdings.

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