“Whale’s Blunder: $4.46M Down the Drain!”
- VIRTUAL soared like a drunken eagle on Solana, only for a whale to dump 4.88M tokens and lose $4.46M. ๐๐ธ
- Traders went wild for $1.50, with Open Interest jumping 25.93%. ๐๐ข
Virtuals Protocol [VIRTUAL], with the grandeur of a czar, launched its token on the Solana blockchain, venturing into a realm as vast as the Russian steppe. ๐๐
And lo, they introduced a liquidity pool on Meteora, a decentralized finance (DeFi) platform within the Solana network, like a hidden vodka stash in the winter palace. ๐ธ๐ฐ
In a proclamation fit for the tsar’s court (formerly Twitter), the Virtuals Protocol team declared,
โIn preparation for Virtuals Protocol Solana launchpad, we have successfully bridged to Solana and $VIRTUAL is now tradeable on Meteora.โ
This grand launch followed VIRTUALโs recent listing on Upbit, where the token is now available for trading against KRW, BTC, and USDT, spreading its wings across the globe like a mighty eagle. ๐๐ฆ
Whale Dumps 4.88M VIRTUAL, Loses $4.46M
After the grand ball on Solana, a whale, bloated with 4.88 million VIRTUAL tokens worth $9.86 million, sold them for a mere $5.39 million, losing more rubles than a gambler in a Moscow casino. ๐๐ฅ
Onchain Lens, the nosy neighbor of the blockchain world, revealed the tokens were acquired just 13 days prior, a strategy as short-term as a Russian winter. โ๏ธ๐
Such grandiose transactions often draw more attention than a bear in a marketplace, fueling speculation about the assetโs price trajectory, which is as unpredictable as a Russian roulette. ๐ฒ๐ค
Yet, despite the whaleโs hasty retreat, VIRTUAL remains in demand, supported by major exchange listings and increased liquidity, as sturdy as a Russian fortress. ๐ฐ๐ช
VIRTUAL Price Action and Key Market Levels
Post-Solana integration, VIRTUAL surged by 18% in 24 hours, reaching $1.39, only to decline by 2.94% over a week, like a rollercoaster in a Russian fair. ๐ข๐
At the current price, $1.40 stands as a key resistance point, a barrier as tough as a Russian border. A breakout could lead to further gains, with $1.50 as the next target, a prize as desirable as a pot of gold in a Russian fairy tale. ๐ด๓ ง๓ ข๓ ฅ๓ ฎ๓ ง๓ ฟ๐
On the downside, $1.35 may now act as support, a safety net as reliable as a Russian winter coat. If the price pulls back, $1.25 and $1.20 remain critical zones, where buyers might step in, as brave as Russian warriors. ๐ก๏ธ๐ฒ
Rising Market Activity and Bullish Momentum
Coinglass data shows VIRTUALโs trading volume has increased by 60.35%, reaching $362.15 million, a surge as intense as a Russian dance. ๐๐
Open Interest has also risen by 25.93%, now at $140.53 million, indicating growing trader commitments and potential volatility, as unpredictable as a Russian spring. ๐ฑ๐
Market indicators suggest continued bullish sentiment, with VIRTUAL forming higher highs and lows, a trend as strong as a Russian bear. ๐ป๐
At press time, the Aggregated Funding Rate stood at 0.0072, while the Predicted Funding Rate was at 0.0112, showing traders are paying a premium to hold long positions, a gamble as risky as a Russian roulette. ๐ฒ๐ฐ
This trend signals increased confidence in further price appreciation, as optimistic as a Russian fairy tale ending. ๐ฐ
Read More
- OM/USD
- Carmen Baldwin: My Parents? Just Folks in Z and Y
- Solo Leveling Season 3: What You NEED to Know!
- Jellyrolls Exits Disneyโs Boardwalk: Another Icon Bites the Dust?
- Despite Strong Criticism, Days Gone PS5 Is Climbing Up the PS Store Pre-Order Charts
- Jelly Rollโs 120-Lb. Weight Loss Leads to Unexpected Body Changes
- Disneyโs โSnow Whiteโ Bombs at Box Office, Worse Than Expected
- Solo Leveling Season 3: What Fans Are Really Speculating!
- Netflixโs Dungeons & Dragons Series: A Journey into the Forgotten Realms!
- Moo Dengโs Adorable Encounter with White Lotus Stars Will Melt Your Heart!
2025-02-12 02:19