An address PeckShieldAlert tagged as linked to X100’s Oct. 24 governance exploit sent 821.2 Ether (ETH) to Tornado Cash Monday, two days after an attack estimated to have caused $4.75 million in losses.
The deposit was valued at about $1.89 million, distinct from the estimated total attack losses. Over a 24-hour period, X, X100’s token, lost 96%. That price decline measures a separate market impact from both dollar figures.
Blockaid previously said two conversions involving X100 treasury tokens and liquidity positions yielded 4.85 million Tether (USDT). The firm later identified a 550,000 X withdrawal from a Uniswap liquidity pool. Blockaid said activity was continuing when it issued its update. EconoTimes detailed those transactions in its earlier coverage of the X100 exploit.
The Monday Ether transfer came after the governance attack. Tornado Cash is an Ethereum privacy service that makes deposited funds harder to trace.
