$XMR SPIKES 65% AFTER MASSIVE BTC THEFT — PRIVACY COIN IN SPOTLIGHT ❗️🕵️‍♂️

Unusual Move Triggers Talk

Monero (XMR), the top privacy coin, jumped 65% on April 28 — right after reports of a $330 million Bitcoin theft. Blockchain sleuth ZachXBT pointed out the timing: stolen BTC possibly moved into XMR. The price cooled later but still gained 7% more on April 29, touching $277.

Low Liquidity, Big Jump?

The XMR pump happened fast — and during a weekend window with lower market liquidity. Traders are asking: was this a natural rally or something more? The timing sure raises eyebrows.

Monero Devs Stay Silent, Code Holds Strong

While the core Monero team hasn’t posted a public update yet, no red flags in the network or code have been reported. XMR’s strong privacy tech and stable development track record keep many users confident.

Key Level Crossed — Can It Hold?

XMR broke a trendline that’s held since early 2024. If it closes daily above that line, next resistance is near $289 — a price level not seen since 2021. But watch out: RSI is overbought and Chaikin Money Flow is cooling off, suggesting buying pressure may be slowing down.

Scam Alert: Stay Safe Out There

Privacy coins like XMR attract attention — both good and bad. Avoid fake “privacy coin” airdrops, and never trust unknown Telegram groups or DMs. Always use official links.

Shocking Stats You Should Know

On Kraken, $956K worth of XMR was deposited in 12 hours, compared to only $356K withdrawn. This could mean profit-taking — or something bigger brewing.

#PrivacyMatters #XMR #Altcoins #CryptoNews #Blockchain

Disclaimer: This post is for informational purposes only. Always do your own research before investing.