The hackers behind the July WazirX breach, believed to be tied to North Korea, have moved another $11 million worth of stolen Ethereum (ETH) into Tornado Cash, a cryptocurrency mixer that obscures transaction trails.

In the latest move, over 5,000 ETH was transferred to a new wallet, with $1.2 million laundered through Tornado Cash across multiple transactions. Tornado Cash is commonly used to launder stolen assets, making it harder to trace funds on the blockchain.

The hacker’s wallet still holds more than $107 million in various cryptocurrencies, with Ethereum making up the majority. The WazirX hack saw over $100 million in Shiba Inu and $52 million in Ethereum drained, pushing the exchange into a restructuring process to recover from the attack.

Four Hacker Entities Moves 20,561 ETH

Since early September, a total of 20,561 ETH (worth around $49.3 million) has been sent to Tornado Cash by four hacker entities. Among these groups, the Penpie exploiters have been especially active, laundering 11,261 ETH ($26.7 million) within just four days after their hack.

In the last 24 hours alone, the attackers transferred 10,000 ETH ($23.3 million). This included moving 5,000 ETH to Tornado Cash and sending another 5,000 ETH to a new address for further laundering.

Key Stats:
– Total laundered: 12,600 ETH ($30.13 million) over the past 8 days.
– Current holdings: 49,100 ETH ($115 million).

As a result of these large transfers, the price of Ethereum has dropped over 13%, falling to a low of $2,169 during this period.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

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