The 3rd Largest Monero Address Just Bought An Additional 69,420 XMR

Well, no they did or they did not, but no one would come to know about it. That is the beauty of the Monero blockchain – it is truly private. They may have bought, they may have sold it all, but there is no way anyone call tell what they did with their own funds.

In an age where big governments and corporations exceedingly look to infringe upon people's privacy, and where most aspects of financial privacy are already non-existent for a lot of people, Monero is one of the few technologies that puts power back in people's hands and enables them to secure their financial privacy.

Monero has a private blockchain, that means no one can look into the blockchain to see which address is spending how much. For example, this is a Monero transaction in the latest block. Just looking at the transaction, no one can see how much is being transacted, and who is transacting them.

Even if you know someone's Monero address, you cant see how much they have sent or received. Only the address owner has a special view key that enables them to access the account and see how much funds they have received and their transaction history.