TechFlow news, on January 2, according to on-chain analyst EJ's monitoring, DeFiance Capital transferred 500,000 VIRTUAL ($2.33 million) into Bybit 40 minutes ago. DeFiance Capital is the lead investor in Virtuals Protocol and received 10.5 million VIRTUAL through its investment in February 2024. Since May 2024, they have been selling VIRTUAL, having sold a total of 7.2 million VIRTUAL to date at an average price of $1.48: 2.2 million VIRTUAL were sold directly on-chain, and 5 million VIRTUAL were transferred into Bybit. They currently still hold 3.3 million VIRTUAL ($15.68 million).
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