Whale Resumes Virtual Purchases After Significant Loss

According to Odaily, on-chain data analyst Yu Jin has reported that a whale, who recently incurred a loss of $5.02 million (-36%) on VIRTUAL earlier this month, has resumed purchasing the cryptocurrency. Three hours ago, the whale transferred 4,006 ETH, equivalent to approximately $10.9 million, to a new address. From this amount, 419 ETH, or about $1.14 million, has been spent to acquire 1.049 million VIRTUAL tokens at an average price of $1.09 each. Previously, this address had invested $13.91 million to buy 5.038 million VIRTUAL tokens at an average price of $2.76 each. The whale later sold at $1.76 per token, resulting in a $5.02 million loss.