According to data provided by cryptocurrency analysis firm Arkham Intelligence, a crypto whale made a profit of exactly 5,000% on the altcoin Virtuals Protocol (VIRTUAL).
The trader named trezor538 earned a total of $28 million from the profit rate he made from this altcoin.
However, it is useful to add some details. This whale has owned the tokens in question since February. However, the whale wallet made a transaction involving VIRTUAL tokens once in the last three months and transferred tokens worth $500,000 to the MEXC cryptocurrency exchange.
If the trader had not transferred the tokens worth $500,000 to the exchange and sold them, their current value would have been an additional $10 million.
Virtuals Protocol, which currently has a market capitalization of $3.49 billion, is not yet listed on Binance or Coinbase. The token managed to hit an all-time high today, trading at $3.49 at the time of writing. It also has an artificial intelligence theme.
*This is not investment advice.
