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The 100 ETH scale pool on Tornado Cash has seen a 40% decrease in TVL over the past week, with over 120,000 ETH transferred.
ChainCatcher reports that, according to crypto analyst Cryptosolv, the TVL of Tornado Cash pools with over 100 ETH has decreased by 40% in the past week, with 120,600 ETH transferred.
In response, Onchain Lens states that the related address belongs to crypto developer Richard Heart. The wallet may be connected to his new project ProveX. Over the past 4 months, he has transferred 162,937 ETH through Tornado. Public information shows that ProveX aims to achieve fully trustless, peer-to-peer (P2P) cryptocurrency transactions and settlements using Zero-Knowledge Proofs technology.