A crypto whale deposited 3.56 million USDC on Hyperliquid before opening a 4x leveraged long position on 36,000 XMR, worth approximately $14.3 million. The trader has set take-profit orders ranging from $475 to $516, betting on further upside for the privacy-focused cryptocurrency. Lookonchain, a blockchain analytics platform, reported the transaction. Monero recently rallied from $330 to $438, coinciding with a $120 million USDT laundering operation that led Tether to freeze $72 million. The privacy coin also benefited from the FCMP++ technological upgrade designed to strengthen its privacy features.
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