Big money doesn’t move quietly on-chain — and this week is a perfect example.

The 100 ETH pool on Tornado Cash has recorded nearly a 40% drop in TVL over the past week, with more than 120,600 $ETH shifting across the blockchain — signaling a notable change in capital positioning.

Wallet tracking suggests these addresses may be linked to Richard Heart, fueling speculation around a possible connection to his upcoming project ProveX. Over the last four months, more than 162,900 $ETH has reportedly moved through Tornado Cash via related wallets.

Publicly available details indicate ProveX aims to enable fully trustless, peer-to-peer crypto settlements, leveraging Zero-Knowledge Proofs (ZK) — a fast-growing narrative across DeFi and privacy infrastructure.

As ZK systems and privacy-first protocols continue gaining traction, on-chain movements like these often surface before wider market attention. One to watch closely.

#OnChain #ETH #Ethereum #DeFi #ZK $ETH