Monero (XMR) experienced extreme price volatility over the past 24-48 hours following disclosure of a $120.2 million USDT transfer chain linked to large Monero purchases. The privacy coin spiked from approximately $330 to an intraday peak near $438 on June 12, 2026, before retracing sharply as regulatory scrutiny intensified and Tether froze approximately $72 million in related USDT holdings.