Crypto influencer and entrepreneur Richard Heart has made significant moves with his Ethereum holdings, transferring 154,000 ETH worth approximately $611 million to 22 new wallets. This follows a separate transfer of 81,000 ETH, valued at roughly $323 million, that was executed in the past five hours. This move comes after Richard Heart’s group previously purchased 132,000 ETH on-chain in March 2023, spending approximately $499 million in DAI at an average price of $3,770 per ETH. The purpose behind these transfers remains unclear. Whether they are for storing assets or preparing for a potential sale, the move has sparked speculation within the crypto community.