Shocking Return of the Mixin Hacker: Two Years Later, Ethereum Moves!

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In a twist worthy of a farce, a hacker, once thought to be as dormant as a winter’s hibernating bear, has emerged from the shadows of inactivity. Yes, dear reader, the address linked to the Mixin network debacle has resurfaced, shaking off the dust of two years like an old coat in need of a good shake. Thanks to our vigilant friends at Lookonchain, we learn that this nefarious wallet has decided to sell off its ill-gotten gains, aided by the ever-popular crypto mixer, Tornado Cash-perhaps the online equivalent of a muddy back alley.

Ethereum Sell-off Initiated by Our Old Friend, the Mixin Hacker

Ah, the joys of numbers! In a mere 15 hours, the hacker has sent the modest sum of 2,005 Ethereum, an amount that could buy a small island-or perhaps just a considerable number of pizzas-valued at a staggering $3,850,000, to the aforementioned Tornado Cash. But wait, there’s more! Three new wallets have also been graced with the dubious honor of receiving an additional 2,087 ETH.

These fragmented portions of digital currency are worth $4.03 million, and through the magical hands of Tornado Cash, they were sold at a market price of $1,933. What a deal! Yet, as fate would have it, the hacker seems to be selling at a loss, with the current Ethereum price lingering around $1,971.30-ah, the sweet irony of a thief losing money!

Note that #MixinHacker, who previously stole $200M, appears to be selling 59,854 $ETH($117M) after 2 years of inactivity!

15 hours ago, he sent 2,005 $ETH($3.85M) to #TornadoCash.

Soon after, 3 new wallets received 2,087 $ETH ($4.03M) from #TornadoCash and sold it at $1,933.…

– Lookonchain (@lookonchain) February 13, 2026

As is typical with many scam alert trends, these attackers tend to play the long game, lying low post-exploit to let the dust settle on their dastardly deeds. The Mixin network was thoroughly ransacked in 2023, with the hacker making off with a staggering 57,849 Ethereum, a delightful haul worth $113.4 million, not to mention 891 BTC and a smattering of USDT converted into DAI stablecoin-quite the shopping spree!

More Selling Pressure for ETH

Oh, what a time it is for Ethereum! Market sentiment resembles a gloomy day in November, as various sell-off avenues pop up like mushrooms after rain. U.Today has previously noted that BlackRock has been tossing millions in Ethereum over to Coinbase, extending its generous contributions to the great cryptocurrency dump.

With retail accumulation of Ethereum becoming as rare as hen’s teeth, the price of ETH seems destined to continue its descent into the depths of despair. While Bitmine attempts to cushion this bearish blow with its purchases and staking of Ethereum, one must wonder if the net sell-off will ever reverse. As it stands, the coin lingers at $1,970, having taken a 1.3% tumble in the past 24 hours according to CoinMarketCap data.

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2026-02-13 17:50