Smart Money Plays Volatility Game with VIRTUAL Token
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VIRTUAL, the native token of Virtuals Protocol, has become a focal point for strategic trading activity. The token plunged 9% in 24 hours, erasing nearly a quarter of its weekly gains, as smart money investors executed coordinated sell-offs. Blockchain analytics reveal these influential traders dominate VIRTUAL's holder composition more than any other memecoin or AI-focused asset.
Nansen data shows smart money wallets dumped $1.2 million worth of VIRTUAL last week, with $424,000 in cumulative sales over 30 days. The abrupt exit created cascading sell pressure across markets. Yet the same players now appear to be accumulating positions again, suggesting a calculated volatility play rather than outright abandonment.
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