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An Ethereum whale captured the attention of the cryptocurrency market last Friday, as it made notable changes to its cryptocurrency portfolio. Whale statistics on the chain revealed that a large investor offloaded two million dollars worth of Ethereum, expanding its investments into three other tokens.
These three tokens, AERO, AIXBT, and VIRTUAL, are now on traders' watchlists amid increased buying and price uptrends.
The Ethereum whale is shifting its focus to AERO, AIXBT, and VIRTUAL.
An Onchain Lens post on X on May 2 revealed that one Ethereum investor sold 1,185 Ethereum, worth $2.11 million, for USDC. This investor then proceeded to purchase 2.92 million AERO, 3.34 million AIXBT, and 6,800 VIRTUAL using the USDC that was recently exchanged.
Later, the data indicated that this whale exchanged 2.44 million AERO for 996,566 virtual tokens again. It now holds 1,003,366 virtual tokens, reflecting a state of anticipation in the market as the price of the cryptocurrency has significantly risen currently.
It is interesting to note that the broader market sentiment towards VIRTUAL has seen a notable bullish shift. The price of VIRTUAL is currently trading at $1.64 as of the reporting date, up 100% over the week. The coin has expanded its daily gains to exceed 2% alongside the shift in the position of the Ethereum whale.