A recent large ETH sale via the THORChain decentralized exchange has raised red flags for crypto analysts, potentially indicating illicit financial activity. This transaction was flagged for suspicion due to its characteristics: a substantial sale immediately following receipt of funds from THORChain, a protocol known for facilitating cross-chain swaps, and the resulting rapid conversion into DAI, a stablecoin. While large transactions are common in the crypto space, this case raised concerns due to THORChain’s history of being linked with illicit finance. 8,698 ETH were sold within an hour, shortly after receiving the funds from THORChain, raising suspicion among on-chain analysts. The sale, coupled with the lack of public information regarding the exact source and recipient, has sparked a discussion about money laundering tactics in the crypto world.