According to Deep Tide TechFlow news, on December 14, on-chain data analyst Ai Yi monitored that the suspected VIRTUAL project party/early participants deposited 7 million VIRTUAL tokens to Bybit in the past 17 hours, worth 17.09 million USD. This address has accumulated a total of 11.97 million tokens deposited to trading platforms in the past two months, worth as much as 25.74 million USD.

According to reports, this address received airdrops of 54.85 million VIRTUAL tokens (accounting for 5.49% of the total token supply) on December 23, 2023, on the Ethereum mainnet, and in April 2024, transferred the tokens to the Base network. After multiple transfers, 10 million tokens were moved to the current address. The original address still holds VIRTUAL tokens worth 100 million USD.

From transaction records, VIRTUAL was originally issued on the Ethereum mainnet, later migrated to the Base network, completing its transformation and development. CMC also shows that the token is deployed on both networks.