$XMR Yesterday, April 27, 2024, a transaction of 3,520 bitcoin (BTC) took place, which the researcher known as ZachXBT qualifies as a possible theft.

ZachXBT explained on his social media account X that, following this transaction, "the funds began to be laundered through more than 6 instant exchanges and were exchanged for monero (XMR)."

As of the time of this publication, there is no confirmation that it was a theft, despite the researcher's presumption. It could, perhaps, be a bitcoin user trying to increase their privacy through this strategy.

The fact that XMR (a cryptocurrency specialized in privacy) was used to conceal the activity with these funds caused a rapid increase in the price of this altcoin, due to the size of the swaps and the low liquidity in the exchanges.