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Crypto Wallet Withdraws 220 Ether From Tornado Cash and Bridges Tether to Tron

A cryptocurrency wallet has withdrawn approximately 220 Ether, valued at roughly $466,600, from privacy protocol Tornado Cash before swapping the funds into Tether and bridging them to the Tron network. The wallet then distributed the tokens across multiple addresses using TronLink's GasFree service, including a transfer of 450,000 USDT. This follows a similar transaction on November 8, in which a whale address withdrew about 201.5 Ether worth $451,000 from Tornado Cash, exchanged it for 451,430 USDT via CoW Protocol, and transferred the stablecoins to the TRON network.

Category

Ethereum

Sentiment

Neutral

Event

Analyst flows

Reading time

1 min