Over the last two days, wallets tied to the Drift Protocol exploit moved 44,500 Ether, worth about $109 million, into Tornado Cash. That is nearly a third of the funds taken in Drift’s April hack, concentrated in just 48 hours. The key update is not a new theft, but a rapid shift in where a large share of the stolen Ether is now sitting.
Ethereum holds steady just below resistance at $2,513. The window shows a 5% gain as price climbs from just under $2,400 up to the last close near $2,511.
That’s the contrast: even as a major stack of stolen Ether disappears into Tornado Cash, the immediate shift is not the size of the original theft, but the status of the funds. Moving Ether through Tornado Cash does not erase blockchain records, but it does make recovery and tracing materially harder. For users affected by the Drift hack, the next checkpoint is whether more of the remaining 81,000 Ether follows the same laundering path, or whether exchanges and investigators block further dispersal.