#VIRTUALWhale refers to significant investors, commonly known as “whales,” who engage in substantial transactions involving the VIRTUAL token, the native cryptocurrency of the Virtuals Protocol. These whales have been actively influencing the VIRTUAL market through large-scale buy and sell orders.

In December 2024, notable whale activity was observed when two new wallets, likely controlled by the same entity, withdrew 10 million USDC from Coinbase to purchase 4.25 million VIRTUAL tokens at an average price of $2.35 per token. This substantial acquisition indicated a renewed interest and bullish sentiment toward VIRTUAL among large investors. 

However, whale activities have also included significant sell-offs. In February 2025, a prominent crypto investor liquidated approximately 5 million VIRTUAL tokens for $8.88 million, incurring a loss of $5.2 million from the original investment. This move suggests a strategic decision to mitigate further losses amid a declining market. 

These substantial transactions by VIRTUAL whales can lead to increased volatility in the token’s price, affecting market dynamics and influencing the decisions of other investors.