
Bitcoin.com News|Apr 28, 2025 08:46
The price of Monero has skyrocketed by over 50% overnight, leaving crypto enthusiasts puzzled! 🚀
On-chain sleuth @ZachXBT suggests this surge is linked to a massive swap of 3,520 BTC (around 330.7M) into XMR. He reported that shortly after the transfer, the funds were laundered through multiple exchanges, driving the price spike.
ZachXBT also noted that it's "highly probable" this hack wasn't orchestrated by North Korean actors.
What do you think about this sudden rise in Monero's price? Let us know your thoughts!
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