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