A wallet reportedly funded by the now-sanctioned mixer Tornado Cash has initiated a significant trade on the Hyperliquid exchange, combining 6.92 million USDC with a Bitcoin long and an Ether short. The USDC was generated by converting 3,100 ETH, indicating the wallet's substantial Ethereum holdings. This move marks a notable shift in the wallet's portfolio, with the exact strategy behind the trade remaining unclear.

Source
"Tornado Cash-Funded Wallet Sees $26 Million BTC-ETH Trade" — The Defiant

This article is Bitcoincryptos' summary and analysis of reporting originally published by The Defiant. Read the full original report at the link above.

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