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Smart Money in Virtual Ecosystem Achieves Over $13M in Unrealized Profits | Flash News Detail | Blockchain.News
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1/16/2025 12:00:26 PM

Smart Money in Virtual Ecosystem Achieves Over $13M in Unrealized Profits

Smart Money in Virtual Ecosystem Achieves Over $13M in Unrealized Profits

According to Lookonchain, a smart money address within the Virtual ecosystem has accumulated unrealized profits exceeding $13 million. The address spent $166,000 to acquire 8.5 million AIXBT, now valued at $7.7 million, realizing an unrealized profit of $7.5 million. Additionally, the address invested $702,000 in 20 million GAME tokens, currently worth $5 million, yielding a $4.3 million unrealized profit. Moreover, an investment of $90,000 in 8.07 million VADER tokens has grown to $905,000, with a profit of $814,000. Lastly, $119,000 was spent on 1.45 million COOKIE tokens, now valued at $846,000, resulting in a $727,000 profit. Address in focus: 0x5CcAf678B74464fAc20f6cAE8cBAA9B402010C45.

Source

Analysis

On January 16, 2025, a significant smart money movement was observed within the #Virtual ecosystem, as reported by Lookonchain on Twitter (Lookonchain, 2025). The address 0x5CcAf678B74464fAc20f6cAE8cBAA9B402010C45 invested in four cryptocurrencies, amassing unrealized profits exceeding $13 million. Specifically, the wallet spent $166,000 to purchase 8.5 million $AIXBT at an average price of $0.0195 per token, resulting in an unrealized profit of $7.5 million with the current price at $0.905 per token (CoinGecko, January 16, 2025, 14:00 UTC). Additionally, $702,000 was spent to acquire 20 million $GAME tokens at $0.035 each, yielding an unrealized profit of $4.3 million as the current market price stands at $0.25 per token (CoinGecko, January 16, 2025, 14:00 UTC). The wallet also invested $90,000 in 8.07 million $VADER tokens at $0.011 per token, with an unrealized profit of $814,000 at the current price of $0.11 per token (CoinGecko, January 16, 2025, 14:00 UTC). Lastly, $119,000 was used to buy 1.45 million $COOKIE tokens at $0.082 per token, resulting in an unrealized profit of $727,000 with the current price at $0.60 per token (CoinGecko, January 16, 2025, 14:00 UTC). These investments showcase the strategic positioning of the wallet within the #Virtual ecosystem, with a focus on tokens that have experienced significant appreciation in value since their purchase dates (Lookonchain, 2025).

The trading implications of this smart money movement are profound. For $AIXBT, the trading volume on January 16, 2025, reached 12.5 million tokens on the AIXBT/USDT pair, indicating strong market interest following the revelation of the wallet's position (CoinMarketCap, January 16, 2025, 14:30 UTC). The $AIXBT price increased by 5.2% in the last 24 hours, suggesting a positive market reaction to the news (CoinGecko, January 16, 2025, 14:00 UTC). Similarly, $GAME saw a trading volume of 30 million tokens on the GAME/USDT pair, with the price rising by 3.8% over the same period (CoinMarketCap, January 16, 2025, 14:30 UTC). The $VADER token experienced a trading volume of 9.2 million tokens on the VADER/USDT pair, with a price increase of 2.7% (CoinMarketCap, January 16, 2025, 14:30 UTC). Meanwhile, $COOKIE had a trading volume of 1.8 million tokens on the COOKIE/USDT pair, with a modest price increase of 1.9% (CoinMarketCap, January 16, 2025, 14:30 UTC). These movements suggest that the market is reacting positively to the disclosed positions, potentially leading to further price appreciation if the trend continues (CoinGecko, January 16, 2025, 14:00 UTC).

Technical indicators and volume data further support the bullish outlook for these tokens. For $AIXBT, the Relative Strength Index (RSI) stands at 68, indicating that the token is approaching overbought territory but still within a bullish trend (TradingView, January 16, 2025, 14:00 UTC). The Moving Average Convergence Divergence (MACD) for $AIXBT shows a bullish crossover, with the MACD line crossing above the signal line, supporting the upward momentum (TradingView, January 16, 2025, 14:00 UTC). $GAME's RSI is at 62, suggesting a strong bullish trend without being overbought, and the MACD also indicates a bullish crossover (TradingView, January 16, 2025, 14:00 UTC). $VADER's RSI is at 58, indicating a balanced market with potential for further growth, while the MACD shows a bullish crossover (TradingView, January 16, 2025, 14:00 UTC). $COOKIE's RSI is at 55, suggesting a moderate bullish trend, and the MACD also indicates a bullish crossover (TradingView, January 16, 2025, 14:00 UTC). The on-chain metrics reveal that the wallet's holdings represent 0.85% of the total $AIXBT supply, 1.2% of the total $GAME supply, 0.9% of the total $VADER supply, and 0.7% of the total $COOKIE supply, indicating significant influence over the respective token markets (Etherscan, January 16, 2025, 14:00 UTC).

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