Mixin Network Exploiter Moves $117 Million in ETH After Two-Year Dormancy

Mixin Network Exploiter Moves $117 Million in ETH After Two-Year Dormancy

According to Lookonchain, the hacker transferred 2,005 ETH to Tornado Cash after a long silence, selling funds through new wallets while retaining major assets.

ETH

Fact Check
Multiple independent, high-authority and high-relevance blockchain-focused sources report that a wallet associated with the Mixin Network exploit transferred a significant amount of Ethereum after over two years of inactivity. The most authoritative evidence comes from a reputable blockchain news entity citing on-chain data, establishing direct verification of the transaction. Another reputable cryptocurrency news community confirms the same event, matching the timeframe and the amount, indicating consistency across independent coverage. A security and cybersecurity news source further supports these findings with computational data referencing CoinGecko metrics and transfer details, strengthening the case. All of these sources independently reference on-chain evidence, which minimizes the likelihood of error or misinformation. The remaining sources either offer contextual or unrelated information and do not contradict the claim. Given the alignment of reliable sources, lack of contradictory evidence, and reliance on verifiable blockchain data, the statement that the Mixin Network exploiter transferred approximately $117 million worth of Ethereum after a two-year dormancy is highly plausible and supported by credible, consistent reporting.
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Terms & Concepts
  • Tornado Cash: A decentralized non-custodial privacy solution built on Ethereum that breaks the on-chain link between source and destination addresses.
  • ETH (Ether): The native cryptocurrency of the Ethereum blockchain, used for transactions and smart contract execution.