#VIRTUALWhale

This whale appears to be taking an "averaging down" approach—a strategy where investors buy more assets after the price drops to lower their average purchase price. There are two possible reasons behind this move:

1. Confidence in the Future of VIRTUAL

If this whale is still confident in the VIRTUAL project, they may see the current price as a significant discount and an opportunity to regain profits when the price recovers. There could be fundamental factors or positive news that keep them optimistic.

2. Doubling Down on Risky Bets

Given the previous significant losses, this could be an attempt to recover losses in hopes that the price will rise again. However, if the market continues to decline, this could exacerbate losses further.

This move shows courage and confidence, but it is also high risk. If this whale is correct and the price of VIRTUAL rises again, they could reap substantial profits. If not, the losses will deepen. One thing is for sure, this movement could influence market sentiment and attract the attention of other traders.

What do you think? Is this a smart move or a big gamble?