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Drift Exploit Wallet Deposits 24,885 ETH Into Tornado Cash

The wallet’s Oct. 20-21 deposits totaled 50,595 ETH, while it still held 56,569 ETH.

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An unmarked phone rests beside a bowl of swirling water. / TokenPost.ai
An unmarked phone rests beside a bowl of swirling water. / TokenPost.ai

A wallet linked to the Drift Protocol exploit deposited 24,885 Ether (ETH), worth about $61.04 million, into Tornado Cash over one hour Wednesday, adding to two days of large transfers.

The latest batch raised the wallet’s Oct. 20-21 deposits into Tornado Cash to 50,595 ETH, valued at about $122 million. The earlier portion of that total was 25,710 ETH, making Wednesday’s one-hour batch nearly as large as what the wallet had deposited before it.

The address still held 56,569 ETH, worth about $139 million at the time of the observation. That balance was larger than the entire amount sent to Tornado Cash over the two days.

Drift Protocol lost about $285 million in the early-April hack. The latest movement placed more ETH linked to the exploit into that service while the wallet retained a larger amount.

Simon Yoon

Reporter

Simon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.

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