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Whales Accumulate VIRTUAL Tokens in Major Moves, Reports Lookonchain

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By on December 14, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Whales Accumulate VIRTUAL Tokens in Major Moves, Reports Lookonchain appeared first on Coinpedia Fintech News

Blockchain analytics platform Lookonchain has reported a surge in whale activity surrounding VIRTUAL tokens. Two newly created wallets, likely linked to the same whale, made significant withdrawals of 10 million USDC from Coinbase. These funds were used to acquire 4.25 million $VIRTUAL tokens for $2.35 each. In another notable transaction, a whale wallet identified as 0xcf4d…b6bc spent 406 ETH, valued at $1.58 million, to purchase 664,361 VIRTUAL tokens at $2.39 per token. This wave of large-scale buying highlights increasing interest from major players, possibly hinting at a bullish outlook for VIRTUAL in the market.

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Bitcoin Holds Key Support, Though Reclaiming Upside May Prove Challenging

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