CoinVoice has recently learned that according to on-chain data analyst @ai_9684xtpa, it was monitored that suspected VIRTUAL project parties/early participants deposited 7 million VIRTUAL into Bybit in the past 17 hours, worth 17.09 million dollars. This address has cumulatively deposited 11.97 million tokens into trading platforms in the past two months, worth as much as 25.74 million dollars.
It is reported that this address received an airdrop of 54.85 million VIRTUAL on the Ethereum mainnet on December 23, 2023 (accounting for 5.49% of the total token supply), and later in April 2024, the tokens were cross-chained to the Base network, after which 10 million tokens were transferred to the current address through multiple intermediaries. The original address still holds VIRTUAL worth 100 million dollars.
According to transaction records, VIRTUAL was first issued on the Ethereum mainnet, then migrated to the Base network where it completed its transformation and development. CMC also shows that the token is deployed on both networks. [Original link]