Skip to content
Back to Guavy Wire
Crypto

$44M Moved Through Tornado Cash After Drift Protocol Exploit

Instruments
ETH ARKM
Share

A wallet linked to the $285 million Drift Protocol exploit moved $44.4 million worth of Ether into Tornado Cash after being inactive for three months.

The funds were transferred in batches of 100 ETH, with a total of 23,095.1 Ether moved on July 23 and 24.

ZachXBT, the researcher tracking the exploit, stated that he would no longer be following the funds due to the resources required to monitor and freeze a nine-figure North Korea-linked theft.

Drift previously announced a recovery bounty program with Arkham and Bybit, but it is unclear whether the program became fully active or if it covered continuing wallet monitoring.

More on Crypto

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Real-time market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc