Large ETH Movement: 4,920 ETH Withdrawn and Sold at $3,302

GateNews

2025-11-07 03:39:18

ETH5,35%

Gate News bot message, three separate wallets executed a significant withdrawal of 4,920 ETH, valued at approximately $16.25 million, which was subsequently sold at a price point of $3,302.

The transaction raised questions regarding the identity of the seller, with speculation centered on whether it was Richard Heart (@RichardHeartWin), the founder of HEX, PulseChain, and PulseX, or unauthorized actors. This activity follows Heart’s previous purchase of 162,937 ETH ($619M) at $3,800.

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