Whales are on the move, with emerging tokens like Virtuals Protocol (Virtual) trending. Today, crypto analyst Data Nerd spotted a whale who made a massive profit by selling a huge part of his VIRTUAL tokens. The sale gave him a fantastic return of $1.8 million.
Whale sells 1.026 million VIRTUAL tokens
The trader’s journey began 36 days ago, around Nov.18 when he swapped 9.9 cbBTC tokens (worth $896,000) for 1.9 million VIRTUAL tokens. At that time, Virtuals Protocol was trading at $0.5126. This was a strategic acquisition that the trader intentionally planned to make earnings later.
He then held the tokens for one month and six days. Today on Dec.25, the trader sold 1.026 million VIRTUAL tokens for $2.7 million. The price surge from the purchasing time benefited the trader to the extent of earning $1.8 million. He still holds 887,000 Virtual tokens worth $2.75 million. With this calculated move, the trader made an estimated profit of $4.56 million with ROI of x5.1.
The trader’s market activity signals “altcoin season,” a term where alternative crypto assets emerge as potential profit-making machines. Virtuals protocol has captured smart investors’ interest. The AI token has gained significant popularity and drawn attention in the wider crypto market. Its popular AI agent generator platform continues attracting users who leverage the app to deploy and monetize AI agents, allowing them to earn rewards for completing tasks.
VIRTUAL price remains strong
VIRTUAL has shown a strong upward momentum since late November. The token experienced a steady rise throughout this month fueled by several listings by exchanges including OKX, Hyperliquid, and Binance.
The token is currently up 3.2% in the last 24 hours, trading at $3.22 at press time. With a price rise of 12.30% in the last seven days, VIRTUAL is outperforming the global digital asset market which is down 2.90% currently. Its market cap rose by 3.78% to $3.21 billion, making it the 44th largest cryptocurrency in the entire crypto ecosystem.
Data from Coinglass shows that open interest in Virtuals protocol has surged 8.48% in the last 24 hours to $143.32 million. Its price is also up 451% in the last 30 days.
This incredible trading performance highlights the rising user interest in AI agents, which are revolutionizing demand in the digital asset markets. AI agent protocols, like Virtuals Protocol, have acquired investor attention by providing decentralized engagement opportunities and new AI-powered solutions. The enthusiasm surrounding AI agents could enable the beginning of a new trend in the wider cryptocurrency landscape.
