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How do we know there was a huge purchase? Monero can't be tracked.

• nunobrito 2y ago
  Because to buy that much monero so fast is only possible with bitcoin, which is traceable by governments and interested parties. An estimated 305 million USD of monero were purchased this morning before the grid shutdown. That was a +50% increase on the monero price, something that never happened before in the last 11 years of the coin. Quite a record. Quite a coincidence.
  • refulgentis 2y ago
    How do we know there was a huge purchase? Monero can't be tracked.
    • sva_ 2y ago
      ... You can see trading volume on the markets though, if it was bought with something like BTC https://coinmarketcap.com/currencies/monero/ https://coinmarketcap.com/currencies/monero/
      • refulgentis 2y ago
        Thank you!
  • ivape 2y ago
    How do you think this has to do with Spain though?