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Gate Square New & Returning Creator Rewards are ongoing!
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112.978 ETH moves: Richard Heart transfers over $366 million
In the past eight hours, a remarkable Ethereum transaction has taken place in the cryptocurrency market. Project founder Richard Heart, known for his work on HEX, PulseChain, and PulseX, has mobilized a substantial amount of digital assets and transferred them to an as-yet unknown platform.
The exact scale of this movement is significant: a total of 112,978 Ethereum units have been transferred, which at the current price of approximately 3.13K USD per ETH amounts to a volume of around 366.4 million USD. This action demonstrates Heart’s continued commitment and his influential position in the decentralized finance ecosystem.
The destination of this massive Ethereum transfer remains unclear for now. Such large-volume transactions often raise questions within the community—whether it is strategic repositioning, liquidity management, or other business operations cannot be determined solely from on-chain analysis.
Richard Heart’s ongoing activity on the blockchain underscores his role as an influential actor across multiple blockchain-based projects. His transactions are closely watched by market participants, as they are often interpreted as indicators of strategic developments in his various ventures.