Wu Shuo has learned that according to Bitrace monitoring, TornadoCash's business address received a total of 693,412 ETH tokens during 2025, with a total value of approximately $2.5 billion. The on-chain privacy transfer protocol Railgun has achieved net inflows of $1.4 billion in 2025, with ETH tokens dominating the capital inflows, indicating that at least in the crypto-native space, industry participants have a greater demand for Ethereum privacy transfers compared to stablecoins.
Wu Shuo has learned that according to Bitrace monitoring, TornadoCash's business address received a total of 693,412 ETH tokens during 2025, with a total value of approximately $2.5 billion. The on-chain privacy transfer protocol Railgun has achieved net inflows of $1.4 billion in 2025, with ETH tokens dominating the capital inflows, indicating that at least in the crypto-native space, industry participants have a greater demand for Ethereum privacy transfers compared to stablecoins.