Whales Are Buying More VIRTUAL! What Can Be the Reason Behind Interest Towards Virtuals Protocol?

Even in a volatile crypto market, some trends speak louder than daily price swings. One of them is the rising interest among large investors—often called Smart Money—in the Virtuals Protocol. 

Despite a 15 percent price drop in the last 24 hours, key blockchain data shows that major wallets are quietly accumulating VIRTUAL, the native token of the project. 

This unexpected behavior raises a crucial question: what is it about the Virtuals Protocol that continues to attract VIRTUAL whales, even as momentum indicators begin to cool?

Smart Money Keeps Accumulating VIRTUALS Despite Dip

The recent pullback in VIRTUAL comes after an extraordinary 200 percent rally over the past 30 days. The token soared in value, placing it among the best-performing altcoins in the market. 

But as the price began testing a key resistance zone around $1.53, the momentum started to slow. A 15 percent decline followed, prompting speculation about whether this is the start of a correction or just a brief pause.

Interestingly, large wallets seem unbothered by the recent dip. Blockchain data reveals that Smart Money wallets increased their VIRTUAL holdings by 14.4 percent last week. Between April and early May, holdings surged from 16.49 million to 18.57 million tokens. 

Even as the token pulled back, these wallets did not sell. This holding behavior suggests a longer-term view, possibly indicating continued confidence in the Virtuals Protocol despite short-term price fluctuations.

Read also: AI Agent h011yw00d and $HOLLY Token Debut on Virtuals Protocol

Understanding the Role of BBTrend in VIRTUALS Price Action

To make sense of where VIRTUAL might go next, traders are watching the BBTrend indicator. This tool helps assess how strong the market trend is by measuring changes in volatility. A high BBTrend value indicates strong upward momentum. 

Over the past two weeks, VIRTUAL stayed in positive territory, peaking at 31.91. However, in the last two days, this number dropped sharply to 6.76.

This steep decline in BBTrend points to cooling momentum. While the trend remains technically positive, the loss of strength could lead to a period of sideways movement or even a pullback. 

That said, such drops often occur after rapid gains, making it a natural pause rather than a red flag. Whether the trend stabilizes or weakens further will be a key signal for what comes next.

Read also: Virtuals Expands to Solana: What It Means for the Ecosystem

Key Price Levels: Resistance at $1.53, Support at $1.19

As it stands, VIRTUALS trades just under the $1.53 resistance level. Breaking above this could push prices to retest $1.89, especially if renewed buying returns or interest in crypto AI projects strengthens again. 

A successful push beyond $1.89 might even open the door to the $2 mark—a level not seen since late January.

On the other hand, if buyers fail to lift the token above $1.53, the next significant support lies at $1.19. With momentum indicators softening, this level may come into play if sell pressure increases or market sentiment worsens. 

For now, VIRTUAL is at a crossroads, and the direction it takes will likely depend on whether current whale confidence translates into broader market support.

FAQ

What is Virtuals Protocol? 

Cryptocurrency powering AI plus Metaverse protocol. Facilitates virtual interactions via co-owned, human-curated, plug-and-play gaming intellects. This method seeks to improve user experiences within virtual worlds, positioning it as significant in the Metaverse arena.

Who is Virtuals Protocol CEO? 

Jansen Teng. Co-founder plus CEO recently discussed Virtuals Protocol's mission plus vision. Shared insights on protocol's intersection of generative AI plus web3, revealing autonomous AI agents powered by tokenization to unlock novel economic opportunities.

Is Virtuals Protocol US-based? 

Funded company situated in Kuala Lumpur, Malaysia. Established in 2014 by Weekee Tiew plus Jansen Teng. Functions as Decentralized AI agents for entertainment plus gaming sectors.