According to Foresight News, blockchain detective ZachXBT stated, "Nine hours ago, a suspicious transfer of 3,520 bitcoins (approximately $330.7 million) occurred from a certain address. Subsequently, these funds were laundered through more than 6 instant trading platforms and converted into Monero (XMR), causing XMR's price to surge by 50%."
ZachXBT: Found about $330 million in suspicious Bitcoin transfers, and the funds were transferred to XMR, causing it to surge 50%
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