According to Crypto Rover, Ethereum co-founder Vitalik Buterin has transferred 693.91 ETH (valued at $1.83 million) and $340,000 USDC to the privacy-focused Railgun project (source: Crypto Rover on Twitter, June 4, 2025). This substantial on-chain movement signals renewed attention to privacy protocols within the Ethereum ecosystem. Traders are closely monitoring the transfer for its potential impact on ETH and USDC liquidity, as well as for elevated interest in Railgun's token and privacy coin narratives. The move may drive short-term volatility in related altcoins and is seen as a notable signal for the DeFi privacy sector. Market participants should watch for increased trading volumes and price reactions in privacy-centric crypto assets following this development.