According to Odaily, recent developments indicate that certain Ethereum (ETH) transactions have begun moving into Tornado Cash, a privacy-focused cryptocurrency mixer. This activity is being interpreted as a significant signal that some actors involved in decentralized exchanges (DEXs) may be committing to illicit activities without intention of turning back.
Earlier reports highlighted unusual movements from the Ethereum Virtual Machine (EVM) addresses associated with the Ethereum, Binance Smart Chain (BSC), and Base networks. Starting around 7 a.m. UTC+8, a substantial amount of funds, including various meme coins, have been consistently consolidated into the address 0xffb9926310b291e17d7df846cded66cda2c68228. This pattern of transactions raises concerns about the intentions behind these movements and the potential for continued malicious activities within the cryptocurrency space.
