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Dormant Ethereum Wallet Buys 1,734 ETH Before Tornado Cash Deposit

The Nov. 5 transaction used 4.16 million DAI and followed more than three years of wallet inactivity.

By Enna Lee
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A silver coin rests beside water spiraling toward a drain / TokenPost.ai
A silver coin rests beside water spiraling toward a drain / TokenPost.ai

On Nov. 5, a wallet inactive for more than three years used 4.16 million DAI to buy 1,734.1 Ether (ETH), then deposited the ETH into Tornado Cash.

The transfer is a separate on-chain event from recent Ether price and U.S. spot ETF developments. No connection between the transaction and Ether’s price movement was established.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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