Ethereum: Richard Heart Initiates 11,558 ETH Transfer to Tornado Cash Following 10,900 ETH Move, $29.56M Already Transferred

COINOTAG News, October 26, citing AI CelebWash, reports a dual set of Ethereum transfers linked to Tornado Cash analytics after a 10,900 ETH transfer on October 24. The dispatch notes that Richard Heart, founder of HEX and PulseChain, allegedly moved an additional 11,558 ETH to a new address about 15 minutes later, launching a staggered transfer toward Tornado Cash. On-chain data suggests the activity is part of a privacy-preserving pattern rather than definitive wrongdoing, a nuance readers should consider when assessing Ethereum transfers linked to Tornado Cash.

According to trackers, the recipient address has already moved out 7,300 ETH, worth about $29.56 million. The ongoing flow to Tornado Cash highlights persistent privacy-centric activity and underscores the need for transparent disclosure in crypto holdings. Market watchers will want to monitor subsequent blocks for cadence shifts and potential implications for liquidity and regulatory dialogue around on-chain privacy tools.