In the world of cryptocurrency, where trades can be extremely risky, one whale recently took a shellacking. The bitcoin and Ethereum whale known as 0x560 made a poor bet on a new project called $VIRTUAL, a token that has seen some turmoil and no shortage of drama since its debut. The 0x560 wallet bought nearly $10 million worth of $VIRTUAL earlier this month. Twelve days later, it sold at a 45.4% loss, or nearly $4.5 million. By my count, that makes $VIRTUAL a no-good bet and a big loser for the 0x560 whale. A Risky Bet on $VIRTUAL: Whale’s Entry
The post Whale Takes Major Hit in $VIRTUAL Trade, Losing $4.48 Million in Just 13 Days appeared first on The Merkle News.
