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Home Altcoin News

VIRTUAL Soars 18% After Solana Launch as Whale Dumps $9.86M

Webtradetalk News by Webtradetalk News
February 11, 2025
in Altcoin News
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VIRTUAL Soars 18% After Solana Launch as Whale Dumps $9.86M
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  • VIRTUAL surged 18% after launching on Solana, however a whale bought 4.88M tokens, dropping $4.46M.
  • Market exercise spiked as merchants eyed $1.50 resistance, with Open Curiosity rising by 25.93%.

Virtuals Protocol [VIRTUAL] has formally launched its token on the Solana blockchain, marking an enlargement into one of the crucial extensively used blockchain ecosystems. 

Alongside this, the undertaking launched its official liquidity pool on Meteora, a decentralized finance (DeFi) platform throughout the Solana community.

In an X (previously Twitter) publish, the Virtuals Protocol workforce introduced, 

“In preparation for Virtuals Protocol Solana launchpad, we have now efficiently bridged to Solana and $VIRTUAL is now tradeable on Meteora.” 

This launch follows VIRTUAL’s latest itemizing on Upbit, the place the token is now accessible for buying and selling in opposition to KRW, BTC, and USDT, increasing its international accessibility.

Whale offloads 4.88M VIRTUAL at a $4.46M loss

Following the launch on Solana, a whale who had amassed 4.88 million VIRTUAL tokens price $9.86 million just lately bought the holdings for $5.39 million, taking a $4.46 million loss. 

In accordance with Onchain Lens, the tokens had been acquired 13 days prior, indicating a short-term buying and selling technique.

Giant-scale transactions like this usually draw market consideration, elevating hypothesis concerning the asset’s short-term value trajectory. 

Regardless of the whale’s exit, VIRTUAL stays in sturdy demand, with main trade listings and elevated liquidity supporting market confidence.

VIRTUAL value motion and key market ranges

Following its integration with Solana, VIRTUAL surged by 18% inside 24 hours, reaching $1.39. Nevertheless, over the previous week, the token has declined by 2.94%, bringing its market capitalization to $898.36 million with a 24-hour buying and selling quantity of $254.25 million.

On the present value stage, $1.40 acts as a key resistance level, marking the very best stage on the chart. A breakout above this stage might result in additional good points, with $1.50 as the subsequent goal for patrons.

On the draw back, $1.35 might now act as a help stage, given its latest position as resistance earlier than the worth surged previous it. If the worth experiences a pullback, $1.25 and $1.20 stay crucial zones the place patrons beforehand stepped in, probably providing sturdy help.

Rising market exercise and bullish momentum

In accordance with Coinglass information, VIRTUAL’s buying and selling quantity has elevated by 60.35%, reaching $362.15 million, reflecting heightened market exercise. 

Open Curiosity has additionally risen by 25.93%, now at $140.53 million, indicating rising dealer commitments and potential volatility forward.

Market indicators counsel continued bullish sentiment. Coinalyze information reveals that VIRTUAL is forming larger highs and better lows, confirming a powerful uptrend after a interval of consolidation round $1.10 – $1.20. 

At press time, the Aggregated Funding Charge stood at 0.0072, whereas the Predicted Funding Charge was at 0.0112, displaying that merchants are paying a premium to carry lengthy positions.

This development alerts elevated confidence in additional value appreciation.

Supply: Coinalyze


Learn Virtuals Protocol [VIRTUAL] Worth Prediction 2025-26

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With bullish momentum in place, VIRTUAL might quickly check the $1.50 resistance stage if demand continues to rise. 

Nevertheless, merchants ought to monitor potential pullbacks round $1.30, as profit-taking at present ranges might result in short-term corrections earlier than one other transfer larger.

Subsequent: SUI might surge past $7: Merchants, be careful for THESE ranges



Tags: 9.86MdumpslaunchSoarsSolanaVirtualWhale
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