TORN

TornadoCash Price Today & AI Analysis

TORNEthereumAnalysis as of Sep 3, 2026

Price

$6.98

-1.35% 24h

Contract

Live
0x77777feddddffc19ff86db637967013e6c6a116c

Holders

10.8K

Market cap

$33.47M

Liquidity

$361.88K

At a $100M market cap, $TORN would be $20.87 (2.99x from today’s price)

Market cap calculator

Is TORN a scam?

Unhosted check · Oct 18

No red flags

No scam signals in Unhosted’s checks, with a few things to know below.

  • The top 10 wallets hold a large share of the supply.

Unhosted’s automated check, re-run in the background: a warning signal, not a guarantee either way. Taxes come from a test trade through one pool and can change if the owner changes them.

Ask Unhosted AI about TORN

3 free answers a day

More tokens on Ethereum

TornadoCash: holders, selling & liquidity

2026-09-03 05:32 UTC

Holder addresses

10,886

Top 10 supply share

Not available

Reported liquidity

$134,238.00
How concentrated is TornadoCash ownership?
Top-10 ownership concentration is not available in this report. The saved holder count is 10,886 addresses (2026-09-03 05:32 UTC). A holder count alone does not establish how supply is distributed.
Are large holders selling TornadoCash?
This report cannot establish whether large holders are selling: it does not include wallet-level holder balances over time matched to swaps. A complete buy/sell volume observation is not available in the saved inputs. A large swap alone does not identify a large holder, and a transfer alone does not prove a sale.
Is TornadoCash liquidity falling?
As of 2026-09-03 05:32 UTC, reported liquidity was $134,238.00. At least two timestamped liquidity observations are needed to establish a change; this report does not have them.
Sources, observations & limitations

Source: inputs saved with the report generated 2026-09-03 05:32 UTC. Original provider retrieval times and historical samples were not recorded. Legacy zero placeholders are treated as unavailable. Holder addresses are not unique people. The provider’s top-10 share is not adjusted here for pools, exchanges, burn addresses or related wallets. Sniper classifications and wallet-level holder history are unavailable. Inspect token on the block explorer.

Recent swap evidence

Swap evidence is unavailable for this report.

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Movement since report

report from Sep 3, 2026, 05:32 AM UTC

Market Cap

$31.26M

24h Volume

$37.66K

Liquidity

$134.24K

FDV

—

Holders

10,886

24h

Loading trading activity…

AI Executive Summary

Risk

Very high

Sentiment

Bearish

Tornado Cash (TORN) is a 68.5-month-old Ethereum-based privacy protocol token that has been at the center of one of crypto's most significant regulatory confrontations, with the U.S. Treasury's OFAC sanctioning the protocol in 2022 and developers facing criminal charges. At a current price of $6.52 and a market cap of approximately $31.3M against a fully diluted valuation of $65.2M, the token trades at roughly 48% of its FDV, implying meaningful circulating supply relative to total supply. The medium-term price trend is constructive (+23.7% over 90 days), but the short-term momentum has turned negative (-5.4% over 7 days) and on-chain liquidity is extremely thin at $134K, making this a high-risk, low-liquidity asset. The top 10 holders control 89.7% of supply, a concentration figure that warrants serious scrutiny even without per-wallet classification data.

Figures cited above are from the market snapshot taken when this analysis ran — Sep 3, 2026, 05:32 AM UTC. Live values may differ; the key facts at the top of the page are current.

Key points

  • One of the most prominent and battle-tested on-chain privacy/mixing protocols on Ethereum, with a protocol history dating back to late 2020
  • Subject to active U.S. OFAC sanctions and ongoing criminal proceedings against developers, creating a unique and severe regulatory risk profile unmatched by most DeFi tokens
  • Circulating supply equals total supply (~10M TORN), meaning there is no hidden inflation risk from unreleased tokens, but the 89.7% top-10 concentration remains a structural concern

TornadoCash AI Price Analysis

Low Confidence

Short-Term · 24h-7d

Bearish

TORN has declined 5.4% over the past 7 days, with recent daily closes trending from $7.02 down to $6.53, forming a clear short-term downtrend. The price is sitting just above immediate support at $6.48, with sell pressure dominating at 54.3% of 24h volume and the 4-hour window showing 4 sells versus 1 buy. A breach of $6.48 would expose the token to a deeper pullback toward major support at $4.77.

Medium-Term · 30d-90d

Bullish

Despite the short-term pullback, the 30-day gain of +17.8% and 90-day gain of +23.7% confirm a structurally bullish medium-term trend. The price at 71% of its 91-day range ($4.77–$7.24) suggests meaningful upside remains before the cycle high is retested. A recovery above immediate resistance at $6.59 and then the $7.02–$7.24 zone would confirm the medium-term trend is intact.

Bullish Factors

  • Strong medium-to-long-term price recovery: +17.8% over 30 days and +23.7% over 90 days, demonstrating sustained buying interest despite legal headwinds
  • Price sits at 71% of the 91-day range ($4.77–$7.24), indicating the token has already recovered substantially from its cycle low and retains room to retest the $7.24 major resistance
  • Daily volatility of 3.2% is moderate for a small-cap token, suggesting the market is not in panic-selling mode despite the regulatory backdrop

Bearish Factors

  • 7-day decline of -5.4% with a clear staircase of lower daily closes from $7.02 to $6.53 signals near-term distribution pressure
  • Total on-chain liquidity of only $134,238 on Uniswap means even modest sell orders can cause outsized price impact, amplifying downside moves
  • Tornado Cash remains under active OFAC sanctions and its developers have faced criminal prosecution, creating persistent regulatory risk that can suppress institutional and retail demand at any time

Disclaimer: This AI-generated prediction is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are highly volatile. Always conduct your own research.

TORN call history

Full track record →

Sep 3bearish
24h+4.8%
7d+1.7%
30d+7.1%

Calls are recorded the moment the analysis is generated and scored automatically against the market price 24h, 7d and 30d later — hits and misses alike, never edited.

Token Info

Chain
Ethereum
Contract
0x7777...116c
Total Supply
—
Decimals
—

Key Risks

  • OFAC sanctions and ongoing criminal proceedings against Tornado Cash developers represent an existential regulatory risk; an adverse court ruling or expanded enforcement action could render the token untradeable on regulated venues and trigger a sharp price collapse
  • On-chain liquidity of $134,238 is dangerously thin relative to the $31.3M market cap; a coordinated sell from any of the top 10 holders (who collectively control 89.7% of supply) could cause catastrophic price impact with no liquidity buffer
  • The discrepancy between the project description's circulating supply (~5.26M) and the on-chain figure (~10M) suggests potential data inconsistency that investors must independently resolve before sizing any position

Trading Insight

bearish

The 24-hour trading session shows a mild bearish tilt with sell pressure at 54.3% ($20,446 sell volume vs. $17,211 buy volume), though the transaction count tells a more nuanced story: 27 buy transactions from 24 unique buyers versus only 9 sell transactions from 6 unique sellers. This suggests a small number of sellers are moving larger average ticket sizes than buyers, which is a distribution pattern worth monitoring.

AI-generated insight. Not financial advice.

Frequently Asked Questions

Trend Analysis

Short-Term (7d)

Bearish

Medium-Term (30d)

Bullish

The short-term trend is clearly bearish: the last 14 daily closes show a progression from $7.00 down to $6.53, with the 7-day return at -5.4%. However, the medium-term picture remains bullish, with the 30-day return at +17.8% and the 90-day return at +23.7%, confirming that the current pullback is occurring within a broader recovery trend. The price at 71% of the 91-day range supports the view that the medium-term uptrend has not been structurally broken.

Momentum

Status

Neutral

With daily volatility at 3.2% and the price consolidating in a narrow band between $6.49 and $6.93 over the most recent 14 sessions, momentum is neither strongly overbought nor oversold. The token is in a cooling-off phase after the 30-day rally, with the recent closes clustering around $6.50–$6.90, suggesting the market is digesting gains rather than aggressively reversing.

Volume Analysis

Buy

45.7%

Sell

54.3%

Volume Trend

Stable

24-hour volume of $37,657 against $134,238 in liquidity represents a volume-to-liquidity ratio of approximately 28%, which is moderate but reflects an illiquid market overall. The stable but low volume environment means there is no volume confirmation for either a bullish breakout or a bearish breakdown at current levels.

Recent Price Action

The 14 most recent daily closes show a descending pattern from $7.00 to $6.53, with intermittent bounces (e.g., $6.49 → $6.63 → $6.53) that have failed to sustain upward momentum. The price is now testing the $6.48–$6.53 support zone.

This descending consolidation pattern after a strong 30-day rally is typical of a short-term mean reversion. The critical question is whether $6.48 immediate support holds; a close below it would suggest the correction has further to run toward the $4.77 major support, while a bounce and reclaim of $6.59 resistance would signal the medium-term uptrend is resuming.

Key Price Levels

Immediate support

$6.48

Major support

$4.77

Immediate resistance

$6.59

Major resistance

$7.24

The $6.48 immediate support is the most critical near-term level — it represents the floor of the current consolidation range and a breach would open a significant gap to the $4.77 major support (the 91-day range low), implying 27% downside from current levels. On the upside, $6.59 is the first hurdle to clear for any recovery, with $7.24 (the 91-day high) as the ultimate medium-term target representing approximately 11% upside from current price.

AI overall risk

Very high

Risk Score

82/100

Risk Breakdown

  • VolatilityMedium

    Daily return volatility of 3.2% is moderate for a small-cap DeFi token, but the thin liquidity means that any sudden increase in sell pressure could produce outsized price swings well beyond the historical volatility baseline.

  • LiquidityHigh

    On-chain liquidity of $134,238 on Uniswap is critically shallow for a $31M market cap token. A liquidity-to-market-cap ratio of approximately 0.43% means even a $10,000 trade would likely incur significant slippage, and a large seller could move the price dramatically.

  • ConcentrationNot assessed

    Ownership concentration cannot be assessed without a measured supply distribution.

  • Smart ContractNot assessed

    Contract or authority checks are not included in the saved provider observations.

  • RegulatoryHigh

    Tornado Cash faces the most severe regulatory risk profile of any major DeFi token: active OFAC sanctions on the protocol's smart contracts, criminal prosecution of developers, and ongoing legal proceedings. This creates existential legal risk for U.S.-based holders and counterparties, and any adverse legal ruling could trigger a severe price decline.

Key Risks

  • OFAC sanctions and ongoing criminal proceedings against Tornado Cash developers represent an existential regulatory risk; an adverse court ruling or expanded enforcement action could render the token untradeable on regulated venues and trigger a sharp price collapse
  • On-chain liquidity of $134,238 is dangerously thin relative to the $31.3M market cap; a coordinated sell from any of the top 10 holders (who collectively control 89.7% of supply) could cause catastrophic price impact with no liquidity buffer
  • The discrepancy between the project description's circulating supply (~5.26M) and the on-chain figure (~10M) suggests potential data inconsistency that investors must independently resolve before sizing any position

Mitigating Factors

  • The protocol's smart contracts are immutable and continue to operate autonomously on Ethereum regardless of regulatory actions, providing a degree of censorship resistance that supports the token's long-term relevance to privacy advocates
  • The 68.5-month track record and +23.7% 90-day price recovery demonstrate that the market has not abandoned TORN despite sustained regulatory pressure, suggesting a resilient core holder base

Investor Suitability

TORN is suitable only for highly risk-tolerant, sophisticated investors with a deep understanding of DeFi privacy protocols, U.S. sanctions law, and the specific legal risks associated with this token. It is entirely unsuitable for retail investors seeking capital preservation, U.S.-based investors given OFAC sanctions exposure, or any investor who cannot afford to lose their entire position. This analysis is informational only and does not constitute financial advice.

TORN presents a high-risk, asymmetric thesis centered on the outcome of its ongoing legal battles and the broader market's appetite for on-chain privacy infrastructure. The medium-term price trend is constructive (+23.7% over 90 days), but the regulatory overhang, thin liquidity, and extreme holder concentration make this a speculative position rather than a fundamental investment.

Scenario Analysis

Bull Case

Low probability

A favorable court ruling in the Tornado Cash developer cases or a reversal/modification of OFAC sanctions — potentially driven by First Amendment arguments around immutable code — triggers a re-rating of the token as the premier privacy DeFi asset. Renewed interest in on-chain privacy amid growing surveillance concerns drives new holder adoption, and the price reclaims the $7.24 major resistance and pushes toward prior cycle highs.

  • Positive legal precedent from ongoing developer prosecution cases that limits OFAC's authority over immutable smart contracts
  • Macro DeFi privacy narrative resurgence driven by increasing on-chain surveillance and regulatory overreach concerns

Base Case

Legal proceedings continue without resolution for the next 3–6 months, keeping TORN in a state of regulatory limbo. The token trades in a range roughly bounded by the $6.48 immediate support and $7.24 major resistance, with continued low volume and thin liquidity. The medium-term uptrend is preserved but gains are capped by persistent regulatory uncertainty.

  • No major new regulatory actions or positive legal rulings materialize in the near term, maintaining the status quo
  • On-chain liquidity remains thin and the holder base stays stable, with no large-scale distribution from top holders

Bear Case

Medium probability

An adverse legal ruling affirming OFAC's authority to sanction immutable code, combined with expanded enforcement targeting TORN holders or exchanges listing the token, causes major centralized exchanges to delist TORN and triggers a liquidity crisis. With only $134K in on-chain liquidity, even moderate selling pressure could push the price toward the $4.77 major support or below.

  • Escalation of U.S. regulatory enforcement against Tornado Cash ecosystem participants, including exchanges and holders
  • A large holder from the 89.7% top-10 concentration deciding to exit through the thin $134K liquidity pool

Analysis Details

Generated

Sep 3, 2026, 05:32 AM UTC

Saved observation

2026-09-03 05:32 UTC

Model Confidence

Low

Data Snapshot

Price

$6.52249200713

Market Cap

$31.26M

24h Volume

$37.7K

Holders

10,886

Liquidity

$134,238.00

Data Sources

Unhosted DEX market data (price, volume, liquidity)Daily OHLC price historyAggregate holder count and top-10 concentration

Limitations

  • Holder-growth history and size-tier distribution data were unavailable for this chain, preventing any assessment of whether the holder base is expanding or contracting
  • Whale transaction data and smart-money cohort data were unavailable, making it impossible to assess large-holder behavior or profitable-trader positioning
  • Contract-security data (audit scores, ownership status, honeypot analysis) was unavailable on this chain's data provider, leaving smart contract risk as an uninformed default assessment
  • The circulating supply discrepancy between the project description (~5.26M) and on-chain data (~10M) could not be resolved from available data sources

How we keep this honest

Every directional call on these pages is recorded before the outcome is known and scored on our public prediction track record. We apply the same standard to others: our audit of 1,581 crypto YouTube predictions found bullish calls did worse than random timing, and our memecoin pump anatomy study measured what chasing a pump actually costs.

Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are highly volatile and risky. Tornado Cash (TORN) is subject to active OFAC sanctions and ongoing legal proceedings; interacting with this token may carry legal risk depending on your jurisdiction. Always conduct your own research and consult with a qualified financial and legal advisor before making any investment decisions.

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