Recent Developments Stir Market Uncertainty
Recent news has added fuel to the fire for Ethereum’s current market turbulence. On September 6, 2024, security firm CertiK Alert reported a significant transaction involving the WazirX exploiter. This individual has moved 3,000 ETH, worth approximately $7 million, to TornadoCash, a privacy-focused mixing service. The exploiter’s actions are particularly alarming given their substantial holdings—12,290 ETH spread across two wallets.·
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