Monero Rallies to $426 in 24 Hours on $120.2M USDT Orders, Pulls Back to $347

TRX1.14%
According to ambcrypto, Monero [XMR] rallied 16.6% on June 11 and reached an intraday high of $426 on June 12, before retreating to $347. The price spike was triggered by large XMR orders made to move $120.2 million USDT that had been deposited to a TRON address, with the entity using Monero to hide the funds.
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