Ethereum co-founder Vitalik Buterin has transferred approximately 1,006 to 1,009 ETH (valued around $2.93 million) to the privacy protocol Railgun. This movement is part of a consistent pattern of transfers he has made to the protocol over time, underscoring his continued usage of privacy-preserving tools on Ethereum. The transaction highlights Buterin's ongoing advocacy for on-chain privacy solutions, especially for high-net-worth individuals who require obscured transaction histories. The move often draws attention to the utility of privacy protocols amidst ongoing regulatory debates regarding financial privacy. [Update 1] New reports confirm the transaction details, noting specifically the transfer of 1,000 ETH worth approximately $2.9 million. This aligns with his known history of supporting and utilizing privacy protocols like Railgun.