Black Swan Strikes! $330 Million Dirty Money Triggers Epic XMR Surge
Just saw the alert on the blockchain, I couldn’t help but slam my desk—hackers these days are bold enough to use open schemes for money laundering!
3,520 BTC (worth $330 million) were crazily exchanged for XMR through six exchanges in the early morning, directly causing Monero to surge violently by 50%. Even the whales were exclaiming how professional this was!
1. Epic Money Laundering Assembly Line
At 3 AM on April 28th, the dormant blockchain suddenly erupted. An ancient whale address was completely uprooted, with 3,520 BTC split into 6 batches rushing into instant exchanges.
These guys specifically chose the early morning hours when Monero's liquidity was thinnest, smashing 300-500 BTC at a time into the XMR/USDT pool, forcing the price from $289 to $339, turning the price chart into a 90-degree spike.
The tracking chart shared by ZachXBT shows that the dirty money was crazily washed through privacy-friendly platforms like ChangeNow and FixedFloat.
The most cunning part was the hackers playing "divide and conquer," breaking large amounts of BTC into transactions of 50-80 BTC each, utilizing the instant exchange feature to complete the entire laundering process in just 30 minutes.
2. The Ice and Fire of Privacy Coins
Technological Domination: XMR's ring signatures + stealth addresses allowed this $330 million dirty money to completely "disappear" on the blockchain.
Chainalysis boasted last year about being able to trace Monero, but this time they were slapped in the face—so far, they haven’t revealed a single involved address.
Regulatory Strangulation: Binance and OKX delisted XMR as early as 2024, but the trading volume on decentralized exchanges surged by 300%.
The daily active users on ChangeNow involved in this incident skyrocketed 5 times; the regulatory sword of Damocles could hardly strike a vital point.
Liquidity Trap: Don't be fooled by the 50% surge in a single day for XMR; in reality, 90% of the circulating supply is concentrated in the dark web and mixers.
Reputable exchanges have a depth of less than $20 million; a little manipulation by the whales can control the market.
Follow the turtle and you won't get lost, stay ahead of on-chain anomalies! Real-time strikes against the next Black Swan market! Let’s uncover the whales' secrets and reclaim the stolen chips with interest!
