- Smart money possession in virtual steps 5.43%, with election balance up 2.24% in 24 hours.
- The AI-Token sector increased 5.2% in one week, which reinforced Virtual’s position in a capital-rich story.
Virtual protocol (virtual) Expanded its raised line with a 90% monthly profit, when the marketing entry and smart money activities stacked in its favor.
An analysis of the marketing sentiment shows that smart money activity and growing interest in AI tokens place virtual in a strong position for a potential rally in the coming days.
Smart money and the growth of the AI sector
According to the data from NansenThere is an expanding cohort of smart money that increases their positions.
Smart money refers to investors who are known to make profitable investments in assets – to buy low and sell high for significant profits.
The amount of virtual held by smart money investors increased by 5.43% to 18.72 million tokens.
Source: Nansen
Interestingly, Whales also joined the party and increased its holding by 2.24% to 827,894 virtual over the past 24 hours. Of course, this accumulation was not isolated.
This growing interest in virtually seems tied to the AI token -sector’s wider performance.
At the time of writing, the AI token sector has won 5.2% over the past seven days, which contributes to the probability of a rally in virtually.
This trend suggests that the majority of market liquidation is currently channeled into this sector, which further improves its rally potential.
Smart money and whales are not the only ones who buy virtual – spot and derivatives also position themselves to take advantage of.
How invested are spot and derivative traders?
Spot and derivative dealers have reflected the market’s raised trend.
The spot market has been strongly hooked on virtual. Since April 28, a total virtually $ 32.8 million has been collected from exchanges.
This accumulation indicates that traders are moving assets to private wallets. Such significant outflows can lead to a short pressure.
Source: Coinglass
In addition, derivative data pointed out to accelerate speed. Open interest rate jumped 18.57% to $ 292.17 million in 24 hours, while trading volume rose by $ 49% to $ 1.34 billion.
The futures market contained a healthy degree of financing with a reading of 1,0109, which indicates a haus -like bias.
If this trend continues, it can strengthen virtual upward pressure and draw even more leverage.
Source: Coinglass
An odd feeling is still on virtual
Despite the strength, a short dragback is not outside the table. Data for liquidation of the heat map showed a potential dip to $ 2.30 – a level that can enable the market to annihilate over -exposed lengths and restore before the next step up.
Source: Coinglass
Such a movement can be an opportunity for whales and smart money investors to collect at a discount before a large price increase.
Overall, marketing terms Hausse remains and virtually seems to have more potential to rally than to release.
