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Ethereum

Dormant Ethereum Wallet Buys 1,734 ETH Before Tornado Cash Deposit

Image: TokenPost

On Nov. 5, a wallet inactive for more than three years used 4.16 million DAI to buy 1,734.1 Ether (ETH), then deposited the ETH into Tornado Cash. The transfer is a separate on-chain event from recent Ether price and U.S. spot ETF developments. No connection between the transaction and Ether’s price movement was established. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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