Crypto whale makes 5.000% profit on this altcoin; Cryptocurrency exploded 23.647% in the year
The cryptocurrency market is home to fascinating stories of exponential gains, and one of them has been catching the community’s attention: a crypto whale, identified as “trezor538”, accumulated an impressive profit of 5.000% with his investment in the altcoin Virtuals Protocol (VIRTUAL). In a scenario where altcoins are gaining more and more prominence, this story serves as a reminder of the potential for appreciation of these assets.
According to data from Arkham Intelligence, trader trezor538 has turned an initial investment into a $28 million fortune. Interestingly, the whale has been holding his VIRTUAL tokens since February, demonstrating long-term conviction in the project. However, recent movements indicate that the trader has transferred around $500.000 worth of VIRTUAL tokens to the MEXC exchange over the past three months.
This transfer raises a few questions. If these tokens had been sold at current prices, the whale’s profit would have been even higher, with an estimated additional $10 million. The decision not to sell the entire assets suggests different possibilities: from a partial profit-taking strategy to the belief that Virtuals Protocol will appreciate even further in the future.
“THIS GUY IS UP OVER 5.000% ($28 MILLION) IN VIRTUAL. “trezor538” has been holding VIRTUAL since February, now worth over $28M. He has only moved VIRTUAL once in the last 3 months, sending $500K to MEXC. That $500K would be worth another $10M if he held it until today.” wrote the platform.
Virtuals Protocol, despite its success in generating significant returns for investors like trezor538, is not yet listed on major exchanges such as Binance and Coinbase. The project currently holds a market cap of $3,42 billion, ranking 48th among the top cryptocurrencies. The absence of it on popular trading platforms could indicate even greater growth potential should the token be listed in the future.
At the time of publication, the Virtuals Protocol (VIRTUAL) price is trading at $3,40 with a 0.4% decline over the last 24 hours. In an impressive development, the cryptocurrency has exploded by a whopping 23.647% in a year.
O Virtuals Protocol is a cryptocurrency that stands out in the digital market for its innovative proposal. This cryptocurrency aims to improve virtual interactions, using artificial intelligence and Metaverse technologies. With the growth of digital experiences, VIRTUAL presents itself as an important tool for those seeking quality in interactive environments.
Virtuals Protocol is a platform that creates a co-ownership layer for artificial intelligence (AI) agents in the gaming and entertainment industry. This protocol transforms AI agents into assets that can generate revenue across various applications and games.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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