{"id":148362,"date":"2025-02-02T11:00:22","date_gmt":"2025-02-02T09:00:22","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=148362"},"modified":"2025-02-02T00:07:44","modified_gmt":"2025-02-01T22:07:44","slug":"major-crypto-investor-faces-significant-losses-after-recent-sell-off","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/major-crypto-investor-faces-significant-losses-after-recent-sell-off\/","title":{"rendered":"Major Crypto Investor Faces Significant Losses After Recent Sell-Off"},"content":{"rendered":"<p>Approximately two hours ago, the whale offloaded around 5 million <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/virtual-protocol\/\">VIRTUAL<\/a> <\/strong>tokens from the Virtuals Protocol (VIRTUAL) for a total of $8.88 million, selling them at an average price of $1.76. This sale resulted in a loss of $5.2 million, reflecting a 36% decline from the whale\u2019s original investment.<\/p>\n<p>The whale had initially acquired the VIRTUAL tokens between January 19 and January 27, during a price dip in the altcoin, spending a total of $13.91 million.<\/p>\n<p>However, the value of the asset continued to drop, prompting the investor to take action by selling off the entire holding and setting a stop loss to mitigate further damage.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-148258\" href=\"\" title=\"\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\"><\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>At the time of writing, the VIRTUAL token is priced at $1.74, having suffered a 32% decline over the past week. While it is not listed on Binance, the token can still be traded on platforms like Bybit and Upbit.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Recent blockchain data has revealed that a prominent cryptocurrency investor, or &#8220;whale,&#8221; has faced substantial losses with an altcoin investment.<\/p>\n","protected":false},"author":9,"featured_media":33166,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[426,108,400],"coin_category":[],"class_list":["post-148362","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","tag-binance","tag-price","tag-virtuals-protocol"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Major Crypto Investor Faces Significant Losses After 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