On-chain data reveals an interesting phenomenon: in the past week, the TVL of a 100 ETH liquidity pool on a certain privacy protocol has experienced a significant decline, dropping by approximately 40%. During the same period, about 120,600 ETH were transferred. Who is behind this movement? n nAccording to on-chain address tracking, these transfer activities are closely related to the wallet of crypto developer Richard Heart. Interestingly, the actions of this wallet seem to be connected to his new project ProveX. Tracing the on-chain footprint over the past four months, this address has transferred over 160,000 ETH, a substantial amount. n nWhat is ProveX aiming to do? According to publicly available information, it plans to leverage zero-knowledge proof technology to build a fully decentralized peer-to-peer encrypted currency trading and settlement system, achieving truly trustless interactions. Such technological solutions have always been a hot topic in the DeFi space, combining privacy and autonomy. n nThe specific intentions behind this series of actions are still worth observing—whether it is for technical testing, liquidity configuration, or something more clandestine, the market is watching.