Crypto Whale Sees 5,000% Profit on Major Altcoin Investment

A significant cryptocurrency whale has reportedly made a remarkable 5,000% profit on a trending altcoin, according to Arkham Intelligence.

The trader, operating under the name trezor538, has earned $28 million from his investment in Virtuals Protocol (VIRTUAL).

Notably, the whale has held onto these tokens since February. However, recent activity shows that the trader transferred $500,000 worth of VIRTUAL tokens to the MEXC exchange within the last three months.

Had these tokens been sold at current prices, the trader would have netted an additional $10 million.

Virtuals Protocol, which currently holds a market capitalization of $3.49 billion, remains unlisted on major exchanges like Binance and Coinbase.

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Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.