Richard Heart’s Addresses Move Large Ethereum Holdings

Recent activity has seen addresses associated with Richard Heart, a suspected founder of projects like Hex, PulseChain, and PulseX, transfer 81,000 ETH worth approximately $323 million within the past five hours. These transfers follow a previous acquisition in March 2023, where these addresses purchased 132,000 ETH using DAI, averaging out to around $3,770 per ETH. The remaining holdings have remained largely untouched since then, with the exception of 9,500 ETH that moved through Tornado Cash over the past six months.