ZachXBT: A certain address is suspected to have been hacked, with 3520 BTC stolen. The funds were exchanged for Monero, causing a 50% surge in XMR price.

BlockBeats News, April 28th, On-chain detective ZachXBT posted on social media, stating, "Nine hours ago, a certain address was involved in a suspicious transaction, with an amount of 3520 bitcoins (approximately $330.7 million). Subsequently, these funds started to be laundered through more than 6 instant trading platforms and were converted to Monero (XMR), causing a 50% surge in the XMR price."