Mercado Bitcoin hacker moves $8M in ETH: Is Tornado Cash next?

The hacker behind the $46 million Mercado Bitcoin breach has transferred approximately $8 million worth of Ethereum to new wallets, while blockchain investigators have identified more than $9 million in stolen assets that have been frozen. Summary Arkham reported that the Mercado Bitcoin hacker moved approximately $8 million in Ethereum to new wallets following the $46 million exchange breach. More than $9 million in stolen cryptocurrency has been frozen, while the attacker continues to control millions of dollars in assets across multiple blockchains. Lookonchain warned that several altcoins, including PEPE, AAVE, PENDLE, VIRTUAL and ONDO, could face selling pressure if the hacker begins liquidating the remaining holdings. Arkham raised questions about whether the transferred Ethereum could eventually reach Tornado Cash, although its latest update did not identify any confirmed deposits into the protocol. Blockchain analytics platform Arkham reported the latest transfers on November 3, raising questions about where the stolen cryptocurrency could move next as investigators continue tracking the funds across multiple networks. The Mercado Bitcoin hacker just moved $8M of ETH to new...