Whales collect VIRTUAL tokens on big moves, Lookonchain reports

Blockchain analytics platform Lookonchain has reported a rise in whaling activity around VIRTUAL tokens. Two newly created wallets, likely linked to the same whale, have withdrawn significant amounts of 10 million USDC from Coinbase.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, worth $1.58 million, to purchase 664,361 VIRTUAL tokens at $2.39 per token. This wave of large-scale buying underlines the increasing interest from major players, potentially signaling a bullish outlook for VIRTUAL in the market.