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Smart Money Doubles Down on VIRTUAL Amid Market Uncertainty
Smart Money Doubles Down on VIRTUAL Amid Market Uncertainty
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VIRTUAL News -
Virtuals Protocol (VIRTUAL) has experienced a 15% price drop, yet on-chain data tells a different story. Smart Money wallets increased their holdings by 14.4% over the past week, aggressively accumulating tokens until May 2 before leveling off at 18.54 million VIRTUAL. This accumulation phase indicates strong institutional belief in the asset’s long-term potential, even as retail investors remain cautious.
The token now stands at a critical technical crossroads. A breakout above $2 could reignite bullish momentum, while falling below $1.19 may lead to further declines. Traders are closely watching Ethereum wallet activity for market direction, as the gap between price action and Smart Money positions continues to widen.
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