Monero Goes Wild: Hackers Launder $330M, XMR Shoots Up 41%! Crypto Mayhem!

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Hold onto your hats, folks! Monero (XMR) just decided to go to the moon this week, and guess what? It was all thanks to a little “oopsie” from hackers who thought laundering $330 million in Bitcoin (BTC) through the most “OG” privacy coin would be a great idea. And boy, did they kick the crypto market into overdrive! 🤑💥

Picture this: It’s Monday morning, and boom! XMR shoots up from a humble $232 to a jaw-dropping $331 in just 8 hours. Yeah, that’s right, you heard me — EIGHT HOURS! Somebody call NASA, because that’s some serious lift-off. 🚀

But who’s the mastermind behind this glorious spike? None other than top on-chain investigator ZachXBT, who took to X (you know, that platform formerly known as Twitter) to spill the tea to his 851,000 followers. He’s like the Sherlock Holmes of crypto, only with way more followers and less pipe smoke.

According to Zach, the timing was “suspicious” (of course it was) because this magical XMR price spike coincided with a very shady transfer of Bitcoin. Hmm… something smells fishy here… Could it be that hackers thought they could pull off a fast one? 😏

And what did they do? You guessed it — they exchanged their freshly stolen Bitcoin for Monero. Yes, folks, that’s when the real fireworks began. XMR’s price didn’t just go up, it practically took off like a rocket! 💣🎆

“Nine hours ago a suspicious transfer was made from a potential victim for 3520 BTC ($330.7M)”

Theft address
bc1qcrypchnrdx87jnal5e5m849fw460t4gk7vz55g

And after that, the laundered funds hopped on a wild ride through 6+ instant exchanges, all while XMR’s price was like, “Hold my beer!” and shot up 50%. 🙃

ZachXBT also said the evidence is “overwhelming” that this was a hack because the victim, a user of major US exchanges, lost millions to those sneaky fees (good luck with those!) and then made a sudden $330M transfer. Yeah, that’s totally not suspicious. 😅

“Longtime Bitcoin holder
>is a Gemini, River, Coinbase, etc user
>$330M suddenly moved today and transferred in small increments to instant exchanges, creating hundreds of orders
>gonna lose multiple 7 figs to fees / inefficient for normal person to buy like this”

And as of now? Well, XMR has taken a breather after its insane rally and is sitting comfortably at $263. Bitcoin? Eh, it’s chill, up 6.5% over the past week, but nothing like the chaos that went down with Monero. 🤑💸

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2025-04-28 21:24