It seems that our VIRTUAL whale has decided to take another dip, even after taking a nice $5.02M tumble (-36%). Now, with 4,006 ETH fresh in its wallet ($10.9M), it is back to the party and has already spent 419 ETH (~$1.14M) to buy 1,049M tokens. Is this an act of unwavering faith in the project or just a stubborn person doubling down? The crypto market has seen this movie before: sometimes it is a sign of recovery, other times it is just another chapter in the “how to lose millions elegantly” saga. Either way, this splash in the market certainly has a lot of people watching – waiting to see if the tide will turn or if this whale is just swimming towards another shipwreck.
