Patient Whale Made 5,000 Percent Profit on This Altcoin – Total Earnings $28 Million

cryptonews.net 28/12/2024 - 02:13 AM

Crypto Whale Profits from Virtuals Protocol (VIRTUAL)

According to data from cryptocurrency analytics firm Arkham Intelligence, a crypto whale made a profit of 5,000% on the altcoin Virtuals Protocol (VIRTUAL).

The trader, named trezor538, earned a total of $28 million from this profit.

However, some details are worth noting. This whale has been holding the tokens since February. In the last three months, the wallet involved made one transaction, transferring $500,000 worth of VIRTUAL tokens to the cryptocurrency exchange MEXC.

Had the trader not transferred these tokens to the exchange, their current value would have been an extra $10 million.

Currently, Virtuals Protocol has a market cap of $3.49 billion and is not yet listed on Binance or Coinbase. The token reached an all-time high today, trading at $3.49 at the time of writing and has an artificial intelligence theme.

> This is not investment advice.




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