On-chain analyst 余烬 reported that a wallet linked to the Pando Rings theft sent 3,500 Ether (ETH) through Tornado Cash on Nov. 9, adding to an earlier reported transfer from the same address.
余烬 valued the latest movement at about $7.42 million and identified the wallet in shortened form as 0x303...3d9F. The transfer was reported at about 9:28 a.m. ET (14:28 UTC).
The wallet was linked to an earlier 4,000 ETH transfer through Tornado Cash, valued at about $9.22 million at the time. The two reported transfers total 7,500 ETH.
Lookonchain previously linked the wallet to the Pando Rings hack, which involved about $22 million in assets roughly four years ago. It also reported that the wallet acquired 7,548 ETH after converting 16.98 million Dai (DAI) before the earlier transfer.
Tornado Cash can obscure where deposited ETH goes after withdrawal. The reported movements through the service do not establish whether the funds were later sold or recovered.
