Suspicious Bitcoin Transfer Triggers 50% Surge in Monero Price
The post Suspicious Bitcoin Transfer Triggers 50% Surge in Monero Price appeared first on Coinpedia Fintech News
Around nine hours ago, 3,520 $BTC, worth approximately $330.7 million, was suspiciously transferred from a victim’s account. The Bitcoin was swiftly swapped for Monero ($XMR) through several exchanges, causing a significant 50% increase in XMR’s price. This sudden surge in value has raised questions, with many speculating that the large transaction may have manipulated the market. The event underscores how large crypto transfers can significantly impact token prices.
Bitcoin Price Prediction-Here’s What’s Incoming for the BTC Price Rally This Week
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Supra Unveils AutoFi and SupraNova to Transform Cross-Chain DeFi
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This $0.025 Token Is on Track for a 3400% Run, According to Market Analysts
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