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Crypto Whale Gains Over $11.5 Million with AI Token, Virtuals Protocol
Last Updated: January 02, 2025
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Key Takeaways
- A crypto whale earned $11.5 million in unrealized gains from a $10 million VIRTUAL token investment;
- Virtuals Protocol serves as a decentralized platform, which allows non-technical users to engage in AI-driven projects;
- VIRTUAL surged 44% in one day, hitting $5.07 by January 2, with a trading volume of around $4.6 as of writing.
A large-scale crypto investor has seen impressive gains from an investment in the Virtuals Protocol (VIRTUAL) token.
The individual purchased $10 million worth of the token, linked to an artificial intelligence (AI) agent launch platform, and earned over $11.5 million in unrealized profits within 19 days.
Virtuals Protocol is a decentralized platform designed to simplify the creation and ownership of autonomous AI agents.
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This system appeals to users without technical expertise, which allows them to participate in AI-driven projects without needing coding or software development skills.
VIRTUAL began gaining attention on November 15, when its price surged by more than 44% in a single day. The token reached an all-time high of $5.07 on January 2. As of writing, VIRTUAL is trading at approximately $4.6.
According to Lookonchain, a blockchain analytics platform, the anonymous whale acquired 4.25 million VIRTUAL tokens for $10 million in USD Coin
The value of these tokens had grown to $21.5 million on January 2. Lookonchain posted on X, saying:
A whale spent 10 million $USDC to buy 4.25M $VIRTUAL 19 days ago, which is worth $21.5 million, with an unrealized profit of $11.5 million.
In December 2024, two AI agents, Luna and Stix, interacted independently without human input. What did they do? Read the full story.
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