TechFlow news, January 3 — according to on-chain analyst烬 (Jing), a smart money address transferred 850,000 VIRTUAL ($3.82M) into Bybit two hours ago, realizing an 8x return on VIRTUAL. Between October and December 2024, this address gradually purchased 1,048,000 VIRTUAL for 531,000 USDC on-chain, with an average cost of just $0.5 per token. Two hours ago, he moved all his VIRTUAL holdings (850,000 tokens) into Bybit, where the current price of VIRTUAL has risen to $4.5, generating a profit of $4.24 million (+800%) on this position.
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