Whales Purchase 4.25M $VIRTUAL Tokens for 10M $USDC Coins, Suggesting an Interest Renewal in Altcoin Sector

The large purchase of 4.25M $VIRTUAL coins for 10M $USDC indicates a renewal of interest, signaling a likely bullish whale sentiment.

Two wallets, likely controlled by the same whale, withdrew 10M USDC from Coinbase, purchasing 4.25M VIRTUAL.

Whales are buying VIRTUAL!

Two fresh wallets(likely belonging to the same whale) withdrew 10M $USDC from #Coinbase to buy 4.25M $VIRTUAL at $2.35.

Address:0xcf4d…b6bc spent 406 $ETH($1.58M) to buy 664,361 $VIRTUAL at $2.39.

Whales Purchase 4.25M $VIRTUAL Tokens.

The large purchase of 4.25M VIRTUAL coins for 10M USDC highlights a renewed interest, indicating a bullish whale sentiment.

Two new entrant wallets performed a extraction of up to 10M $USDC coins from Coinbase. After redeeming these tokens, the wallets used them to buy large amounts of VIRTUAL tokens.

This move highlights the surging demand for the VIRTUAL token. Apart from that, it also signifies how the big investors gain top position in a high-potential asset like VIRTUAL.

In addition to this, the data also pointed out another significant transfer of up to 406 $ETH. This figure accounts for nearly $1.58M. With this amount, the wallet purchased 664,361 VIRTUAL coins. The wallet reportedly performed the buyout at an average per-token cost of $2.39.

The precise timing of the whale buyouts has sparked curiosity across the crypto community. Massive capital inflows into a particular asset such as VIRTUAL can lead to a price surge because of the increasing demand and decreased supply on crypto exchanges.

The Aggressive VIRTUAL Accumulation Leads to Optimistic Speculations.

Whale accumulations normally signal a spike in retail investment, denoting a positive trend. This whale-driven activity underscores the ongoing buyout spree, raising speculations about an efficient performance in the future. In the meantime, market enthusiasts keenly watch for the potential outcomes of this aggressive accumulation.