Binance-Linked Hacker Moves $38.82 Million in Ether to New Wallet

A Binance-linked hacker moved $38.82 million worth of Ether (ETH) to a new wallet. The move may be preparation to route the funds through Tornado Cash. The wallet associated with the attacker continues to hold about $1.12 billion in ETH.

The latest transfer is well below the reported value of the ETH still held. The $38.82 million figure describes the funds moved in this transaction, while $1.12 billion is the approximate value of the broader ETH balance. The move shifts part of the holdings to another wallet; it does not account for the entire reported ETH position.

Tornado Cash was a possible next destination, but was not part of the transfer already made. The described transaction went to a new wallet. The central development is the movement of $38.82 million in ETH while about $1.12 billion in ETH remains associated with the Binance-linked attacker.