The whale that lost 5.02 million USD on VIRTUAL last time is back in the market, and this time it's a big move! It directly transferred 4,006 ETH to a new address, then dumped 419 ETH to buy 1.049 million VIRTUAL. This operation is just like a gambler trying to recover their losses, but this time it feels like he is full of confidence.
To be honest, this is quite interesting. This whale lost so badly before, and normally, most people would have run away by now, but he is back and making such a big move, which shows he is quite optimistic about the future of VIRTUAL. Perhaps he has already researched thoroughly and thinks that the previous losses were just bad luck, and now the opportunity has come.
Moreover, the operation of a whale is like throwing a large stone into a pond, which will definitely stir up waves in the market. The pond of VIRTUAL is already small, and with such a large amount of capital coming in, it will be hard for the price not to rise. If market sentiment is further boosted, and everyone rushes to follow suit, the price is likely to soar.
However, I am also a bit worried that such large capital operations, while they can drive the market, can also lead people to follow the trend excessively. If everyone only sees the whale's actions without analyzing carefully, they might end up getting 'cut' again. So, everyone still needs to keep their eyes wide open, not just watch the excitement, but understand the underlying principles.