Approximately nine hours ago, a suspicious transfer involving 3,520 $BTC ( $330.7 million) was made from a potential victim to the following address: bctqcrypchnrdw87jnal5c5m849fw400t4gk7Y255g.
Shortly after, the funds began moving through more than six instant exchanges and were subsequently swapped for XMR (Monero). This aggressive activity led to a 50% surge in XMR’s spot price.
Since scammers often sell the XMR after laundering it, this situation clearly shows how a trade can be made based purely on fundamental events.
