Richard Heart's Net Worth Reflects Significant Asset Movement: $125 Million in ETH Repositioned

gas_fee_therapist · 2026-01-21T09:08:47+00:00

Richard Heart, founder of HEX and PulseChain, transferred about 30,066 ETH (valued at $125 million) to a new wallet, using TornadoCash for privacy. This move highlights his significant role in Ethereum and the focus on confidentiality in large crypto transactions.

gas_fee_therapist

2026-01-21 09:08:47

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HEX and PulseChain founder Richard Heart has made a major move in his cryptocurrency holdings. According to blockchain monitoring firm Onchain Lens, the prominent crypto entrepreneur relocated approximately 30,066 ETH to a newly created wallet address, with the holdings valued at around $125 million at the time of the transaction.

What’s particularly noteworthy about this repositioning is the method employed. Data indicates that 29,804 ETH of the total transfer—worth approximately $124 million—was routed through TornadoCash, a privacy-focused protocol commonly used for enhancing transaction confidentiality on the Ethereum network. This approach underscores the importance digital asset holders place on privacy when managing substantial cryptocurrency positions.

The transaction serves as a reminder of Richard Heart’s substantial stake in the Ethereum ecosystem. Beyond his significant ETH holdings, his influence extends through his role as founder of HEX, one of the notable DeFi projects, and PulseChain, a layer-2 blockchain initiative. Such large-scale movements by prominent figures typically attract attention from the crypto community and analytics platforms tracking on-chain activities.

ETH0,68%

DEFI-4,19%

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