A cryptocurrency whale has sold many Tokens in the Base ecosystem, suffering a total loss of 5 million USD in the past 48 hours.
This transaction involved large volumes of VIRTUAL, AIXBT, GAME, and VVVs Tokens, all of which were at a loss compared to their initial purchase prices during the late 2024 and early 2025 period.
- Whale sold 1.08 million VIRTUAL, losing 1.73 million USD.
- Sold 5.75 million AIXBT with a loss of 1.7 million USD.
- The sale of 4.47 million GAME and 38,444 VVVs caused a loss of nearly 1.57 million USD.
Why did the whale sell many Tokens in the Base ecosystem?
The whale may have made these transactions to withdraw Capital or restructure the investment portfolio based on market analysis.
Large selling movements are often related to reassessing the growth potential or risks of each Token project in the Base ecosystem, especially when the cryptocurrency market is volatile towards the end of 2024. The significant losses indicate price decline signals or substantial liquidation pressure.
According to Onchain Lens, these Tokens were purchased between December 2024 and January 2025, proving that the whale held them for a short time and decided to cut losses when the market was unfavorable.
How much and what specific damage did the whale's transactions cause?
The whale sold a total of over 11.3 million Tokens including VIRTUAL, AIXBT, GAME, and VVVs, losing over 5 million USD compared to their purchase prices.
Specifically, selling 1.08 million VIRTUAL for 1.87 million USD Coin (USDC) but losing 1.73 million USD compared to the Capital of 3.59 million USD. Then, 5.75 million AIXBT provided 951,000 USDC, losing 1.7 million USD. GAME and VVVs also lost 1.19 million USD and 379,000 USD respectively.
"Such large-scale transactions reflect the caution of major investors towards the volatility of the cryptocurrency market in the new ecosystem."
Mr. Nguyen Duc Hung, CEO of blockchain data analysis company, June 2025
The significant difference between purchase and selling prices demonstrates strong price decline pressure in Tokens within the Base ecosystem, causing a substantial psychological impact on other investors in the market.
Do the transaction data show cryptocurrency market trends in early 2025?
These sell-offs reflect caution or potentially warn of potential price declines for Base ecosystem Tokens.
Many analysts note that in early 2025, capital tends to withdraw from young, less liquid Tokens to focus on larger and more stable cryptocurrencies. According to Arcane Research's Q1 2025 market report, up to 35% of whales reduced their investment proportion in new ecosystems.
"The market is entering a selective phase, prioritizing stable assets with sustainable development mechanisms."
Ms. Le Thi Thanh, cryptocurrency expert, May 2025
This shows a clear trend: emerging Tokens face significant pressure from market volatility, forcing large investors to adjust their portfolios.
Frequently Asked Questions
What are cryptocurrency whales and how do they affect the market?
Whales are investors holding large amounts of Tokens, significantly influencing prices and liquidation when making large transactions.
Why do whales often sell during market volatility?
Whales sell to cut losses, optimize portfolios, or withdraw Capital when predicting an unfavorable market to protect their investments.
How to control risks when whales make large transactions?
Monitoring on-chain data, diversifying portfolios, and applying risk management techniques will help minimize the impact of whale transactions.
What risks should be noted about Base Token transactions?
Base Tokens are new, highly volatile, and have low liquidation, so investors should be cautious and carefully consider before participating.
Is on-chain data reliable for market analysis?
On-chain provides direct data from the blockchain, which is very useful for assessing investor behavior and market trends.
