Suspected Richard Heart Transfers ETH to Tornado Cash

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AI Summary

The suspected transfer of substantial ETH amounts suggests potential liquidity shifts in the market. This trend could indicate upcoming volatility in cryptocurrency valuations.

According to BlockBeats On-chain Detection, after transferring 10,900 ETH to Tornado Cash on October 24, a person suspected to be Richard Heart, founder of HEX and PulseChain, has moved an additional 11,558 ETH to a new address. The funds are being transferred in batches to Tornado Cash. So far, the receiving address has sent out 7,300 ETH, valued at $29.56 million.

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ETH

4,140.01

+1.72%

Suspected Richard Heart Transfers ETH to Tornado Cash

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