According to the monitoring of on-chain analyst Ember, VIRTUAL broke through $5 today, with a market value of $5 billion. DeFiance Capital transferred 500,000 $VIRTUAL (US$2.33 million) to Bybit 40 minutes ago. DeFiance Capital is the lead investor of Virtuals Protocol, and obtained 10.5 million $VIRTUAL through investment in February 2024. They started selling VIRTUAL in May 2024, and have sold a total of 7.2 million VIRTUAL so far, with an average price of $1.48: 2.2 million VIRTUAL were sold on the chain; 5 million VIRTUAL were transferred to Bybit. They still hold 3.3 million VIRTUAL (US$15.68 million).