Monero (XMR) jumps to $438 as $120M laundering chain surfaces

An unknown entity routed roughly $120 million in USDT through a complex swap chain this week, buying enough Monero (XMR) to push the privacy coin from about $330 to an intraday high near $438 before settling around $382, up roughly 8% on the day. Onchain investigator ZachXBT traced the flow on…