TechFlow, Nov 3 — According to on-chain analyst Ejin, an investor/institutional address (0x0d3...5fa2) associated with VIRTUAL transferred 7.958 million VIRTUAL (worth $13.45 million) to the institutional service platform Teneo eight hours ago.
The address originally acquired 26.42 million VIRTUAL through investment in December 2023 and has now fully exited its position at an average price of $1.54 per token, amounting to a total value of $40.83 million. Platforms such as Arkham and Nansen previously labeled this address as DeFiance Capital; however, the CEO of DeFiance Capital previously stated that this label was incorrect.
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