VIRTUAL, which previously received a $1.61 million airdrop, still incurred a loss of $6.54 million in clearance of its whale meat

Odaily Planet Daily News: According to on chain analyst Yu Jin's monitoring, a giant whale previously purchased VIRTUAL's whale/institution for 10 million USDC, and after receiving a VVV airdrop worth 1.61 million USD, ultimately lost 6.54 million USD. The operation process is as follows: Last December, it spent 10 million USDC to purchase 4.251 million VIRTUAL at an average price of 2.35 USD; In January, he obtained 101000 VVV airdrops due to holding a large amount of VIRTUAL, and then sold the airdrops for 1.61 million USDC; In March, 4.251 million VIRTUALs were cleared at an average price of $0.56. Today, he cleared his address and transferred 3.46 million USDC to Coinbase.