#OnChainInsights Blockchain Information

Recent on-chain data shows notable trading activity from a large whale in the VIRTUAL Protocol ecosystem. Initially, the investor purchased around 4.88 million VIRTUAL tokens for $9.86 million, averaging $2.02 per token. However, in just 13 days, they exited their entire position, selling for $5.39 million in USDC and DAI, recording a loss of $4.46 million.

Despite this significant loss, the whale returned to the market, demonstrating renewed confidence in VIRTUAL. They invested 419 ETH (approximately $1.14 million) to purchase 1.049 million VIRTUAL tokens at an average price of $1.09 per token.

This case highlights the high volatility of the cryptocurrency market and the strategic positioning of large investors to optimize their assets.