2026-01-11 02:29:37

Recently, there has been an interesting phenomenon on the blockchain— a major ETH mixer pool's TVL has dropped by 40% over the past week, with the transferred ETH amounting to over 120,000 coins. What is really going on behind this?

According to on-chain analysis, the source of this large transfer points to well-known crypto developer Richard Heart. His wallet activity records show that over the past four months, nearly 163,000 ETH have been transferred through related channels. Interestingly, these movements all seem to be directed toward his latest project—ProveX.

What is ProveX? In simple terms, it aims to use zero-knowledge proofs to build a fully decentralized, intermediary-free P2P cryptocurrency trading and settlement system. From another perspective, this represents a new approach in the privacy transaction field—protecting user privacy while ensuring transparent and verifiable transactions. If this technological route can be successfully implemented, it could have a significant impact on existing trading methods.

ETH0,41%

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TommyTeacher

· 01-11 14:16

What is Richard Heart up to now? Is this really happening, or is he just trying to harvest more retail investors again?

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0xSunnyDay

· 01-11 02:59

Richard Heart is launching a new project again? This guy really has coins in hand, over 160,000 ETH, and he can transfer them at will.

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just_another_fish

· 01-11 02:59

Hey, what is Richard Heart up to this time... Over 160,000 ETH just transferred like that, he's really bold. If ProveX can really get off the ground, that would be quite interesting, but zero-knowledge proofs... To put it nicely, it's about privacy; to be blunt, it could easily be used as a money laundering tool. The 40% drop in TVL is a bit scary; we need to see how things develop next. Do you think this guy is reliable... I always feel he's a bit too aggressive.

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DegenDreamer

· 01-11 02:58

Bro, are you hyping ProveX... Richard Heart just threw in 163,000 ETH, definitely making waves

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AirdropworkerZhang

· 01-11 02:50

Wow, Richard Heart is at it again. Is he planning to do privacy transactions this time? Can the ZK approach really be implemented? I'm skeptical.

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LightningClicker

· 01-11 02:48

Richard Heart is at it again, throwing in over 160,000 ETH—really daring to play.

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GasFeeVictim

· 01-11 02:37

It's Richard Heart again. This time he moved over 160,000 ETH directly—pretty intense. ProveX looks pretty good, but can zero-knowledge proofs really be revolutionary? Honestly, I’m a bit skeptical. The mixing pool crashed 40%. That data is a bit scary; it seems like someone is cashing out frantically. Privacy transactions are needed, but centralized exchanges probably won't sit idly by either. Wait, what happened to this guy's previous projects? Why is he messing around with new stuff now?

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