Crypto Whale Sees 5,000% Profit on Major Altcoin Investment
28.12.2024 12:00 1 min. read Alexander Stefanov
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.
The token, which revolves around artificial intelligence, recently achieved its all-time high, reaching $3.49 per token.
-
1
Cardano ETF Approval Odds Hit Record High on Polymarket
22.06.2025 12:00 2 min. read -
2
SEC Seen as Nearly Certain to Approve Wave of Crypto ETFs, Say Bloomberg Analysts
21.06.2025 13:00 2 min. read -
3
Ethereum Price Prediction: This Trader Thinks ETH Could Soon Hit $12,000 – Here’s Why
25.06.2025 23:53 3 min. read -
4
Dogecoin’s Slump Could Be the Setup for a Massive Breakout
22.06.2025 14:00 2 min. read -
5
Solana Price Prediction: Trader Thinks SOL Could Rise to $200 in July – Here’s Why
26.06.2025 22:25 3 min. read
2 Altcoins Gaining Strength as Bitcoin Enters New Phase
As Bitcoin enters a new on-chain trend phase, two altcoins are standing out for their growing correlation with the leading cryptocurrency and their resilience amid market shakeouts, according to new analysis by Joao Wedson, CEO of analytics firm Alphractal.
Crypto Inflows hit $1B Last Week as Ethereum Outshines Bitcoin in Investor Sentiment
Digital asset investment products recorded $1.04 billion in inflows last week, pushing total assets under management (AuM) to a record high of $188 billion, according to the latest report from CoinShares.
SEC Accelerates Spot Solana ETF Timeline as July Deadline Looms
The U.S. Securities and Exchange Commission (SEC) is reportedly expediting the review process for spot Solana (SOL) exchange-traded funds, pushing issuers to submit amended S-1 filings by the end of July.
Bonk Price Prediction: Binance.US Mention Triggers 9% Jump – Can BONK Reach $1?
Bonk (BONK) has gone up by 9% in the past 24 hours and currently sits at $0.00002330 after Binance.US shared a cryptic X post that mentioned the token. On Sunday afternoon, the exchange shared a picture of its logo hitting its head with a bat – a clear reference to the viral meme that inspired […]
-
1
Cardano ETF Approval Odds Hit Record High on Polymarket
22.06.2025 12:00 2 min. read -
2
SEC Seen as Nearly Certain to Approve Wave of Crypto ETFs, Say Bloomberg Analysts
21.06.2025 13:00 2 min. read -
3
Ethereum Price Prediction: This Trader Thinks ETH Could Soon Hit $12,000 – Here’s Why
25.06.2025 23:53 3 min. read -
4
Dogecoin’s Slump Could Be the Setup for a Massive Breakout
22.06.2025 14:00 2 min. read -
5
Solana Price Prediction: Trader Thinks SOL Could Rise to $200 in July – Here’s Why
26.06.2025 22:25 3 min. read