Three new wallets have withdrawn a total of 4,920 ETH, valued at approximately $16.25 million, from a known address and sold the assets at around $3,302 per ETH. This activity has sparked speculation about whether Richard Heart, the founder of HEX, PulseChain, and PulseX, is behind the transactions or if they are the result of a security breach. Richard Heart recently purchased 162,937 ETH, worth $619 million at the time, at a price of $3,800 per ETH in 2024. He deposited the entire amount into the same address just two days ago. The sudden movement of funds has raised questions within the crypto community about the true nature of these transactions.