Whale bets on FAI, VIRTUAL, and AIXBT

A crypto whale has made several large purchases of little-known altcoins, including Fairum (FAI), Virtuals Protocol (VIRTUAL) and aixbt by Virtuals (AIXBT).

According to data reported by Onchain Lens, the trader spent 329 WETH (>$1.06 million) to buy 2.62 million AIXBT coins at $0.40 each. The trade then spent 292 WETH (>$944,000) to buy 16.77 million FAI tokens at $0.056 each. Finally, the trader spent 290 WETH (>$934,000) to buy 298,738 VIRTUAL coins at $3.12 each.

As Onchain Lens highlights, the trader spent 911.45 WETH (>$2.94 million) on these three altcoin purchases in the past 10 hours. Notably, the trader is paying close attention to several cheap assets, hoping that they will multiply their values rather than opting for the more expensive assets.

Usually, large crypto traders are known for their calculated diversification of assets that have the potential to offer significant returns. This whale's decision to prioritize FAI, VIRTUAL, and AIXBT highlights the rising confidence in these assets' ability to provide substantial growth. In the virtual currency market, smart investors are constantly on the lookout for potential opportunities that have the potential to generate incredible returns.

FAI, VIRTUAL, and AIXBT Price Updates

Today, the crypto market continues its downtrend, which began on Tuesday, with the majority of assets losing strength. The declines follow a sudden surge in US Treasury yields after the release of data by the ISM on January 7.

Increasing treasury yields tend to put pressure on risky assets like stocks, cryptocurrencies, etc. The decrease comes as the market awaits US jobs data, which could impact anticipations concerning interest rates and, consequently, crypto prices.

Bitcoin has continued its drop today, trading at $494,851.95 as strong US economy recovery signals fewer lending rate reductions by the national central bank in 2025.

Today, AIXBT trades at $0.4372, down 10.80% over the last seven days, lagging behind the global digital asset market, which is currently down 5.60%. It is also underperforming when compared to other related meme coins, which are down 5.30% in the last seven days. Furthermore, its trading volume is currently down 9.70%, signaling a recent decrease in market activity.

Fairum is trading at $0.07963 with a trading volume of $327.57 at press time. According to data, it is a new token that was launched yesterday. It seems the whale noticed the launch and grabbed the opportunity. He invested in the new gem, believing that it would see a price rise in the future.

Virtuals Protocol is currently trading at $3.2, down 3.8% from yesterday. It has been down 23.10% in the last seven days and its trading volume is also down 3.60%, signaling a recent decrease in market activity.