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VIRTUAL Bleeds $10M in Outflows – 10% Plunge Sparks Fear of More Pain IF Conditions Worsen

VIRTUAL Bleeds $10M in Outflows – 10% Plunge Sparks Fear of More Pain IF Conditions Worsen

Ambcrypto
Author:
Ambcrypto
Release Time:
2025-07-15 13:00:28
0

Another day, another crypto casualty. VIRTUAL just got gut-punched by $10 million fleeing investors—sending its value tumbling 10% in a fire sale. When the whales bail, retail gets left holding the bag.

Blood in the water?

The real question isn’t why this happened (crypto winter 3.0, anyone?), but how much lower it goes. Technicals suggest the floor could drop further—if market sentiment keeps rotting like a forgotten NFT project. Watch the order books: another liquidity crunch and we’re looking at double-digit dips before lunch.

Silver lining? For degens who think ‘buy the dip’ is an investment strategy, this might be your moment. Just don’t cry when the Fed’s next rate hike turns your ‘discount’ into a tax write-off.

Key Takeaways

VIRTUAL’s price plunged over 10% as user activity dropped and $10 million in outflows signaled weakening demand. Will it find support or spiral further below $1.50?

Virtual Protocol [VIRTUAL] has seen a sharp plunge, dropping over 10% in value, as the broader cryptocurrency market shed just 3.51% after several days of gains, according to CoinMarketCap.

The sharp decline may only be the start, as both on-chain and trading data show deepening sell pressure. But AMBCrypto has identified a potential relief zone for the altcoin.

VIRTUAL slides as users exit the protocol

On-chain data shows a significant drop in activity, mirroring the broader market pullback.

Over the past day, VIRTUAL’s Daily Active Addresses dropped to just 1,300, per Artemis data.

This type of user drop often signals a bearish shift in sentiment and could worsen if user engagement continues to fall.

Virtual active address count.

Source: Artemis

Alongside the user retreat, protocol fees fell to $9,900, among the weakest levels recorded in 2025. Since protocol revenue is tied directly to usage, the drop indicates a steady exit of engaged participants.

To assess whether this downtrend might continue, AMBCrypto examined additional metrics.

$10 million wiped from the market

Spot and derivatives investors have collectively turned bearish, unloading $10.8 million worth of VIRTUAL.

Of this, $9.87 million came from closed derivatives contracts, while spot traders offloaded another $934,000.

VIRTUAL spot market netflow.

Source: CoinGlass

Coinalyze reported that Open Interest (OI), which tracks the total value of outstanding contracts, dropped 9.37% to $107 million.

When both spot and futures markets show exits, it typically reflects fading enthusiasm and increased pressure to short the altcoin.

A relief zone exists! But not imminent

VIRTUAL’s recent drop occurred just after rejecting the horizontal resistance of an Ascending Triangle. As the asset slips lower, it could retest the pattern’s diagonal support zone NEAR $1.50.

VIRTUAL price action.

Source: TradingView

If that level holds, a bounce toward resistance is possible. However, unless broader momentum returns, a breakout seems unlikely.

At press time, VIRTUAL traded near $1.61—hovering above support but lacking directional strength.

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