2026-01-11 09:42:37

On-chain data continues to send interesting signals. According to Bitrace tracking data, TornadoCash, an established privacy transfer tool, received 693,412 ETH during 2025, worth approximately $2.5 billion. More noteworthy is the performance of the Railgun protocol — a newcomer in the privacy sector — which has seen net inflows reach the level of $1.4 billion this year. The interesting part is that these fund inflows are mainly dominated by ETH, indicating that large holders still have a strong demand for privacy transfer services. This capital concentration phenomenon reflects that, in the crypto ecosystem, the demand for privacy features and fund protection has not diminished; instead, it has shown steady interest during certain periods.

ETH-0,41%

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LidoStakeAddict

· 01-11 10:11

The privacy track is quietly making money again. It seems that big investors still need to become more active.

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GasOptimizer

· 01-11 10:10

Wow, 2.5 billion dollars flowing into TC. How many big investors are quietly transferring funds? The privacy track still has vitality, unlike some projects that are cooling off. Railgun is also on the rise; it seems everyone is afraid of being targeted. It feels like this is a real demand— the stricter the regulation, the more traffic privacy tools attract. Here comes another cycle of "the more restricted, the more popular." Large holders are the smartest; they first allocate their assets properly. What does this data show? It just means the money is still hiding in privacy.

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RetroHodler91

· 01-11 10:05

The privacy policy is so lucrative, it seems like someone is really serious about playing this game.

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ForkInTheRoad

· 01-11 09:58

Damn, $2.5 billion flowing into privacy tools? What are the big players doing? TornadoCash is still alive, huh? I thought it was already shut down. Railgun, this new thing, has actually absorbed $1.4 billion, pretty impressive. Basically, the stricter the regulations, the more popular privacy tools become. That logic is spot on. Over 690,000 ETH, really? How many big holders does that take? Privacy will never go out of style, as long as people want to protect themselves. This wave of data does show something, but unfortunately no one dares to say it out loud. Why haven't mainstream media reported on this? It's quite interesting. The more money flows into privacy protocols, the more it reveals the true thoughts of the market. Feels like some kind of silent resistance. The real choices of large holders tell everything.

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MoonBoi42