PANews reported on December 14 that on-chain analyst @ai_9684xtpa monitored that the suspected VIRTUAL project team / early participants deposited 7 million tokens into Bybit in the past 17 hours, worth 17.09 million dollars. In the past two months, they have cumulatively deposited 11.97 million tokens into the exchange, worth up to 25.74 million dollars.
This address received 54.85 million VIRTUAL airdrop from the Ethereum mainnet on December 23, 2023 (accounting for 5.49% of the total token supply), and then in April 2024, the tokens were cross-chain transferred to the Base network. After multiple transfers, 10 million tokens were transferred to the current address. The original address still holds VIRTUAL worth 100 million dollars.