VIRTUAL has approached a critical support level after a 50% Slump this year, with $13.97 million in funds already withdrawn.

HashBard

2025-12-01 18:20:17

[Coin World] VIRTUAL has fallen quite severely this time. It has already dropped 45% this year, and in the last 24 hours, it has fallen another 15%. It is currently struggling in the range of 0.78 to 0.68 USD.

This week, the spot trading amounted to 1.23 million USD, but the shorts clearly hold the upper hand. Just look at the liquidation data - the shorts' positions were liquidated for 1.3 million USD, while the longs only managed 7,500 USD, which is completely on a different scale. Even more exaggerated is that 13.97 million USD was directly withdrawn from the derivatives market.

On the technical side, although the Accumulation/Distribution indicator is still positive, it has been declining, indicating that there are more sellers than buyers.

Next, let's see if this demand zone can hold. It's either going to stabilize and rebound here, or continue to probe downwards. The market is waiting for an answer.

VIRTUAL1.65%

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fren.eth

· 11h ago

$13.97 million Rug Pull? Are they scared or waiting for a buy the dip opportunity?

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GasFeeVictim

· 11h ago

Oh no, this VIRTUAL is really heart-wrenching. A 50% Slump this year isn't over yet, and now there's another wave of a 15% drop... this rhythm is a bit twisted. 13.97 million just Rug Pull, long positions are being ground into the dirt, this signal is way too clear. Retail investors are still praying for stability, while the market maker has long packed up and left.

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bridge_anxiety

· 11h ago

Wow... 13.97 million has run away, is this really about to hit the bottom? Long positions will be fine at 7500, this distance is almost home. If it can't hold on, it might break 0.68...

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GasFeeBeggar

· 12h ago

The short positions have crushed the long positions, can there still be a rebound? I think it's doubtful.

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zkProofGremlin