🚨 A theft of 3,520 #Bitcoin ($330M) ended up exploding the price of $XMR by +50%! Want to know how? 🕵️
According to ZachXBT, the funds were laundered through 6+ instant exchanges and converted to Monero, which reached $339 before falling back to $289 (+25% in 24h).
The quest for financial privacy is back in the spotlight: even with exchange delistings and reduced liquidity, $XMR has proven its resilience.
While Chainalysis points out that 90% of illicit transactions still take place in Bitcoin and $ETH , the case shows that privacy coins remain valuable weapons in suspicious operations.
Web3 is freedom, but also responsibility
