VIRTUAL Price Surge: Spot and Derivatives Traders Actively Buying to Drive Market
View original
The price of Virtuals Protocol (VIRTUAL) has risen by 10.48% in the past 24 hours, driven mainly by increased activity in the spot and derivatives markets. Despite the overall market decline, spot traders have accumulated $10.45 million worth of VIRTUAL, indicating strong interest. The open interest in the derivatives market grew by 13.3% to $230 million, with a significant number of short positions being liquidated, resulting in losses of approximately $124,670 for short traders, which is double the losses of long traders. Technical analysis shows that VIRTUAL has broken through a key resistance level, with the Aroon indicator signaling a bullish trend, suggesting that the price could rise to $2.5. Smart money investors have increased their holdings, making VIRTUAL the most accumulated memecoin or AI token. In the 90-day index ranking, VIRTUAL is listed as the 4th best-performing asset, outperforming all top ten cryptocurrencies by market capitalization.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!
You may also like
Ripple CEO: XRP Ledger Expected to Capture 14% of SWIFT’s Liquidity Within 5 Years
金色财经•2025/06/12 02:23
U.S. Spot Bitcoin ETFs Saw Net Inflow of $165.77 Million Yesterday
金色财经•2025/06/12 01:55
PayPal Announces Plans to Bring Its Stablecoin PYUSD to the Stellar Network
金色财经•2025/06/12 01:19
SOL falls below $160
金色财经•2025/06/11 22:39
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$107,893.76
-1.73%

Ethereum
ETH
$2,759.97
-1.27%

Tether USDt
USDT
$1.0000
+0.00%

XRP
XRP
$2.25
-2.37%

BNB
BNB
$666.62
-0.53%

Solana
SOL
$160.28
-4.12%

USDC
USDC
$0.9994
-0.05%

Dogecoin
DOGE
$0.1912
-3.49%

TRON
TRX
$0.2764
-4.97%

Cardano
ADA
$0.6919
-3.71%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new Bitgetters!
Sign up now