Virtuals Protocol (VIRTUAL) price has cooled off after a strong run, slipping 8% in the last 24 hours. Still, the broader setup looks constructive.

The token remains up nearly 79% over the past seven days, and the current pullback may simply be a pause before another push higher, if it stays above a key support level.

Sponsored

Mega Whales Accumulate as Retail Interest Returns

Even as smaller holders booked profits, mega whale wallets, the top 100 VIRTUAL addresses, quietly increased their holdings during the latest dip. Their combined balance rose 0.06% over the past 24 hours to 966.01 million tokens, meaning they added about 0.58 million VIRTUAL.

Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.

That kind of steady accumulation often signals that big holders view the correction as temporary.

Meanwhile, exchange balances have dropped 0.46%, with about 0.18 million tokens moving off trading platforms. This shows that while the mega whales have been loading up, retail and smaller whales might be booking profits. Yet, net buying pressure remains.

Sponsored

This quiet accumulation also lines up with improving chart signals.

On the 4-hour chart, the 100-period Exponential Moving Average (EMA) has just crossed above the 200-period EMA, a bullish crossover that often signals growing strength in the short-term trend. The EMA is a moving average that gives more importance to recent prices, helping traders spot early momentum shifts.

At the same time, the Money Flow Index (MFI), which tracks how much money is entering or exiting the market based on both price and volume, has started curling upward from near 40 toward 60.