On June 23, a wallet received 193 small $USDC withdrawals from #Coinbase , totaling $1.67 million.
The wallet then swapped the USDC to $ETH
And deposited the #ETH into Tornado Cash — a privacy mixer used to hide transaction trails.
This activity was reported by on-chain analyst #ZachXBT . No official statement from Coinbase yet.
It raises concerns about money laundering and how mixers like #TornadoCash are still being used.
Stay alert — this kind of movement often signals deeper stories in the background.
