According to @ai_9684xtpa, Richard Heart-linked wallets that were dormant for two years redistributed ETH to 10 new addresses in the last hour, with address attribution and listings available via the Arkham Intelligence explorer. According to @ai_9684xtpa, the entity holds 154,825 ETH with an average acquisition cost of 3,779 USD per ETH, implying roughly 611 million USD in value and about 25.79 million USD in unrealized profit at current prices, while the intent of these transfers remains unspecified. According to Arkham Intelligence explorer and @ai_9684xtpa, the relevant wallet set has been compiled for monitoring so traders can track any subsequent exchange inflows from these addresses.

According to @lookonchain, wallets suspected to be tied to Richard Heart transferred 153,241 ETH (about $608M) to new wallets over the past 5 hours. According to @lookonchain, these wallets previously accumulated 162,937 ETH (about $619M) across 25 wallets between Mar 4–8, 2024 at an average purchase price of $3,800. According to @lookonchain, the 153,241 ETH moved equals roughly 94% of the 162,937 ETH previously accumulated. According to @lookonchain, related wallets also deposited 9,500 ETH (about $37.43M) into Tornado Cash over the past six months.