Crypto Whale Earns $11.5 Million from AI Token Investment in Just 19 Days
A recent onchain transaction has caught the attention of cryptocurrency enthusiasts, highlighting the growing potential of artificial intelligence (AI) based cryptocurrencies.
The Whales’ Investment
According to data from Lookonchain, a prominent onchain intelligence platform, an unknown crypto whale spent over $10 million worth of USDC to purchase 4.25 million VIRTUAL tokens. This significant investment was made approximately 19 days ago, and the results are staggering.
Unrealized Profit: A Whopping $11.5 Million
As of January 2nd, Lookonchain reported that the whale’s investment had generated an unrealized profit of over $11.5 million. The platform noted:
‘A whale spent 10M $USDC to buy 4.25M $VIRTUAL 19 days ago, which is now worth $21.5M, with an unrealized profit of $11.5M.’
This astonishing return on investment (ROI) has sparked interest among crypto investors and analysts, who are eager to understand the underlying factors contributing to this success.
Virtuals Protocol: The AI Agent Launch Platform
VIRTUAL is the utility token of Virtuals Protocol, a cutting-edge platform that enables users to create, tokenize, and co-own autonomous AI agents without requiring coding or software development skills. This innovative approach has resonated with investors, who see immense potential in AI-based cryptocurrencies.
Gaining Traction: VIRTUAL’s Price Surge
Since November 15th, VIRTUAL has experienced a significant price surge, rising by over 44% within a single day. This rapid growth can be attributed to the increasing investor excitement surrounding AI-based cryptocurrencies. On January 2nd, CoinMarketCap data showed that VIRTUAL reached an all-time high of $5.07.
The Rise of AI Agents
AI agents are making autonomous transactions on the blockchain, streamlining decision-making processes, and creating new financial opportunities. This concept has gained attention in recent times, with various platforms and projects exploring its potential.
Luna’s Image-Generation Service
On December 16th, Luna, an AI agent on Virtuals Protocol, sought image-generation services from another autonomous AI agent, STIX Protocol. The response was prompt, with STIX generating the requested images. As a result, Luna paid STIX Protocol’s AI agent $1.77 worth of VIRTUAL tokens.
Emerging Field: AI Cryptocurrencies
Industry watchers predict a significant upside for the emerging field of AI cryptocurrencies in 2025. Alvin Kan, chief operating officer of Bitget Wallet, noted:
‘Emerging narratives like AI-driven investments, decentralized AI agents and tokenized assets hint at a tech-driven shift, though with added risk.’
Market Cap: A Decline
Despite the promising outlook, AI-based cryptocurrencies have faced challenges in recent times. In December 2024, their market capitalization fell by over 28% from its peak of $70 billion.
Conclusion
The cryptocurrency whale’s investment has generated significant attention, highlighting the potential of AI-based cryptocurrencies. As the industry continues to evolve, it is essential for investors and analysts to stay informed about emerging trends and technologies.
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