2026-01-11 13:30:31

On-chain private transfer ecosystem continues to heat up. Monitoring data shows that TornadoCash business addresses accumulated a total of 693,412 ETH in 2025, equivalent to about $2.5 billion. During the same period, the privacy protocol Railgun performed even better — net inflows have surpassed $1.4 billion.

It is worth noting that ETH dominates this fund inflow. This signal is quite interesting: at least among crypto natives, the genuine demand for private transfers is being reflected through wallet voting. From TornadoCash to Railgun, the comparison of fund scales also indicates that the market is gradually shifting towards newer privacy solutions. The continuous large inflow of ETH into such protocols suggests that institutions and large holders remain very committed to privacy needs.

ETH0.42%

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ChainMaskedRider

· 6h ago

Wallet voting is the most honest; Railgun takes a share of TornadoCash, and large ETH holders are taking action. --- This wave of privacy projects is truly evolving; big players are speaking with real money. --- What does the flow of 2.5 billion USD into privacy protocols indicate? Some things still need to be hidden. --- 1.4 billion USD flowing into Railgun shows the market is abandoning old solutions. This is what we call evolution. --- Interestingly, ETH's dominant position suggests that privacy needs for stablecoins are not as urgent? --- Institutional giants are so determined in their actions; regulation really can't suppress privacy demands. --- From Tornado to Railgun, where should the next project set up shop? --- This data proves one fact: those who truly need privacy will always have the money to make it happen.

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CoinBasedThinking

· 6h ago

Damn, the privacy ecosystem's money is really moving, it's a true vote with your feet. --- Railgun is only 1.4 billion? I thought this round could surpass TornadoCash, looks like we need to keep competing for a while longer. --- ETH has all moved to privacy protocols, indicating that big players are truly panicking, it's not just talk. --- From Tornado to Railgun, isn't this just history repeating itself? Always chasing the next update. --- $2.5 billion into Tornado, such a volume... are they really testing the bottom line of policy? --- Wallets tell the truth; institutional privacy needs can't be hidden at all. --- The new protocol still hasn't fully taken market share from the established players; there's a long way to go. --- This data isn't just about privacy needs; it's showing that big players are starting to feel the pressure.

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SerumSurfer

· 6h ago

Privacy agreements are so lucrative, it seems that big players are really getting anxious. --- Railgun surpasses TC, is this really a new generation? --- Wallet voting will never deceive, 2.5 billion USD speaks for itself. --- Massive inflow into ETH privacy protocols, gotta carefully analyze the logic behind this. --- Institutions are banding together into privacy pools, how scared they must be of being seen, haha. --- A new generation of privacy solutions is emerging. Has the old TC era truly come to an end? --- Just 1.4 billion flowing into Railgun, the scale is outrageous. --- Thinking back to when TC was sanctioned, I didn't expect privacy needs to be so resilient. --- Big players are secretly transferring funds, this is really interesting.

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PermabullPete

· 6h ago

No way, has the inflow into Railgun already exceeded 1.4 billion? I need to check it out. --- That wallet voting statement is perfect, it clearly shows that institutions don't even bother to pretend. --- Wait, is TornadoCash still receiving deposits? Is this data the latest? --- Such strong privacy demands, does that mean regulators really have no way? --- I understand the logic of transferring from TC to Railgun, but why does it have to be ETH... --- Institutional execution is just a joke, they are just shifting the focus. --- $2.5 billion into TornadoCash... how many stories are behind this? --- Where are the updates on new privacy solutions? Or are they just a rebrand?

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APY_Chaser

· 6h ago

$2.5 billion into TornadoCash, and that's just the old scheme… Railgun is really capturing the incremental growth --- Wallet voting doesn't lie; institutions are really in urgent need of privacy --- Large inflows of ETH into privacy protocols indicate that big players are as clear as a mirror in their intentions --- The migration from Tornado to Railgun is very interesting; new solutions are indeed eating into the old ones --- 1.4 billion flowing into Railgun, this growth rate is a bit outrageous… Is the demand for privacy exploding? --- The "privacy execution" of institutions sounds like they’re doing something that’s not meant to be seen haha --- $2.5 billion in TornadoCash feels a bit underestimated for the true volume of private transfers --- Using wallet voting as a phrase, I’m totally sold—rich people just want to stay hidden --- The momentum of Railgun seems to be surpassing the big brother --- Large ETH inflows into these protocols actually indicate that privacy has truly become a necessity

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