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A whale/institution spent 10 million USDC buying VIRTUAL in the past 20 hours

According to on-chain data analyst Ember monitoring, a whale/institution address spent 10 million USDC to buy VIRTUAL in the past 20 hours. It raised 10 million USDC from Coinbase through 2 newly created addresses, and then bought 4.251 million VIRTUAL on the chain, with an average price of $2.35.