BlockBeats news, on December 14, according to on-chain data analyst @ai_9684xtpa, a suspected VIRTUAL project party / early participant transferred 7 million VIRTUAL tokens to Bybit in the past 17 hours, worth 17.09 million dollars. This address has cumulatively transferred 11.97 million tokens to trading platforms in the past two months, valued at up to 25.74 million dollars.
It is reported that this address received an airdrop of 54.85 million VIRTUAL tokens (accounting for 5.49% of the total token supply) on the Ethereum mainnet on December 23, 2023, and then cross-chained the tokens to the Base network in April 2024, later transferring 10 million tokens to the current address through multiple transfers. The original address still holds VIRTUAL tokens worth 100 million dollars.
From the transaction records, VIRTUAL was first issued on the Ethereum mainnet, later migrated to the Base network and completed its transformation and development. CMC also shows that the token is simultaneously deployed on both networks.
