Hackers Suspected of Transferring Tornado Cash Money Laundering Funds to Hyperliquid, Shorting BTC with 40x Leverage

PANews October 10 news, according to on-chain analyst Ember (@EmberCN), a wallet received 263 ETH from Tornado Cash yesterday, then sold it for 643,000 USDC and deposited it into Hyperliquid. The address opened a short position on 305.5 BTC at the price of $83,068 with a maximum leverage of 40x in cross margin mode, with a position size of approximately $25.38 million, a liquidation price of $84,088, and a current unrealized profit of approximately $160,000.