DeFiance Capital transferred 500,000 VIRTUAL to Bybit 40 minutes ago

【DeFiance Capital transferred 500,000 VIRTUAL to Bybit 40 minutes ago】According to a report by Golden Finance, on-chain analyst Yu Jin monitored that DeFiance Capital transferred 500,000 VIRTUAL (2.33 million USD) to Bybit 40 minutes ago. DeFiance Capital is the leading investor in Virtuals Protocol, having secured 10.5 million VIRTUAL through investments in February 2024. They began selling VIRTUAL in May 2024 and have sold a total of 7.2 million VIRTUAL at an average price of 1.48 USD: 2.2 million VIRTUAL sold on-chain; 5 million VIRTUAL transferred to Bybit. They still hold 3.3 million VIRTUAL (15.68 million USD).