According to BlockBeats, a significant investor recently sold off 5.049 million VIRTUAL tokens, valued at $2.28 million, incurring substantial losses. This marks the second time the investor has faced losses with VIRTUAL tokens, totaling $8.4 million.
In January, the investor purchased 5.038 million VIRTUAL tokens for $13.91 million at a price of $2.76 per token. By early February, the tokens were sold at $1.76 each, resulting in a $5.02 million loss. Undeterred, the investor bought 5.049 million VIRTUAL tokens again at the end of February for $5.66 million, priced at $1.12 per token. Six hours ago, these tokens were sold off at $0.45 each, leading to an additional loss of $3.38 million.
