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Whale Takes Big Bet on Monero Price

Guavy AI Editorial Team Published August 10, 2026

Instruments

HYPE USDC XMR

A significant whale has entered the Monero (XMR) market by opening a long position of 36,000 XMR valued at $14.33 million.

This move follows a deposit of 3.56 million USDC into Hyperliquid, indicating confidence among traders in XMR's potential for price growth.

The whale has set take-profit orders between $475 and $516, suggesting a bullish outlook for XMR in the near term.

According to @lookonchain, this accumulation could signal a possible bullish trend that may attract additional investors.

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