Imagine for a moment that you wanted to buy an NFT with legally purchased Ethereum from an exchange like Kraken or Coinbase, but you don’t want your friends to

Imagine for a moment that you wanted to buy an NFT with legally purchased Ethereum from an exchange like Kraken or Coinbase, but you don’t want your friends to know you spent $2,000 on a jpeg. So instead of buying the NFT with your Coinbase wallet that is linked to your [ENS] name, you create a brand new, single-use wallet and use it to buy the jpeg. And instead of funding the single-use wallet from your recognizable wallet, you obfuscate the source with a mixing service.