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Crypto Whale Gains Over $11.5 Million Virtuals Protocol

by crypetonews
January 2, 2025
in Blockchain
Reading Time: 3 mins read
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A large-scale crypto investor has seen impressive gains from an investment in the Virtuals Protocol (VIRTUAL) token.

The individual purchased $10 million worth of the token, linked to an artificial intelligence (AI) agent launch platform, and earned over $11.5 million in unrealized profits within 19 days.

Virtuals Protocol is a decentralized platform designed to simplify the creation and ownership of autonomous AI agents.

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This system appeals to users without technical expertise, which allows them to participate in AI-driven projects without needing coding or software development skills.

VIRTUAL began gaining attention on November 15, when its price surged by more than 44% in a single day. The token reached an all-time high of $5.07 on January 2. As of writing, VIRTUAL is trading at approximately $4.6.

According to Lookonchain, a blockchain analytics platform, the anonymous whale acquired 4.25 million VIRTUAL tokens for $10 million in USD Coin


USDC

$1.00

.

The value of these tokens had grown to $21.5 million on January 2. Lookonchain posted on X, saying:

A whale spent 10 million $USDC to buy 4.25M $VIRTUAL 19 days ago, which is worth $21.5 million, with an unrealized profit of $11.5 million.

In December 2024, two AI agents, Luna and Stix, interacted independently without human input. What did they do? Read the full story.

Aaron S. Editor-In-Chief

Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.



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Tags: cryptoGainsMillionProtocolVIRTUALSWhale
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