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Why is Monero (xmr) today? Perhaps because of a big BTC penetration: zachbt


The ZachXBT series may have identified the reason for the Monero Privacy (Xmr)) It rose up to 40 % Early Monday: A person may have been hacked.

Zachxbt mentioned that 3,520 bitcoin (BTC(330.7 million dollars) was drained from the title and then replaced by XMR.

(Blockchain.com)

(Blockchain.com)

Market data shows an increase in fluctuations coming from a surplus of purchase orders for the XMR-TTC orders.

(Cryptometer.io)

(Cryptometer.io)

Market monitors initially faced a difficult time in determining the main height as standards such as active wallets and network activity did not rise accordingly.

Liquidity for XMR It has been limited in the past few months as the main stock exchanges deleted the privacy code in an attempt to fight the dark net markets. The lack of liquidity would make any great catalyst for the huge pricing gains. Coingecko data It shows that the depth of the arrangement for XMR is much smaller than the distinctive symbols of the similar market cover.

XMR is traded for more than $ 300, according to Coindsk market data.




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