According to on-chain analyst Yu Jin's monitoring, VIRTUAL broke through $5 today, and the market value reached $5 billion. DeFiance Capital transferred 500,000 $VIRTUAL ($2.33 million) to Bybit 40 minutes ago.
DeFiance Capital is the leading investor in Virtual Protocol, having 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 sold on-chain; 5 million VIRTUAL transferred to Bybit. They still hold 3.3 million VIRTUAL ($15.68 million) now.