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
Overview of Key Developments on the Evening of June 11
金色财经•2025/06/11 13:12
The US Dollar Index (DXY) drops over 30 points in the short term, now at 98.74
Bitget•2025/06/11 12:35
Analysis: The Whale Leveraging 20x Long on Bitcoin Suspected to Be AguilaTrades
金色财经•2025/06/11 12:27
AB Listed on Bitget Onchain
金色财经•2025/06/11 09:26
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$109,574.33
+0.36%

Ethereum
ETH
$2,792.9
+1.92%

Tether USDt
USDT
$0.9999
-0.03%

XRP
XRP
$2.31
+0.92%

BNB
BNB
$668.67
+0.84%

Solana
SOL
$165.65
+4.21%

USDC
USDC
$0.9998
+0.02%

Dogecoin
DOGE
$0.1996
+3.49%

TRON
TRX
$0.2918
-0.58%

Cardano
ADA
$0.7204
+2.86%
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