VIRTUAL Sees Over $567k in Net Inflows, But Price Action Doesn’t Hint at a Breakout
Steady Wallet Growth Alludes to Rising Confidence
Virtual [VIRTUAL] has taken the spotlight among AI agent tokens, with the highest net inflows in the last 24 hours. While this indicates strong interest from market participants, a deeper look at the data raises questions about whether the price trend justifies the surge or if something else is at play.
Netflows Spike as VIRTUAL Tops the Leaderboard
According to latest data, VIRTUAL saw net inflows of $567.05K, far surpassing other tokens in its category. The influx came as total inflows hit $7.01M, narrowly exceeding outflows of $6.44M. This kind of net movement typically signals rising demand, particularly when inflows outweigh profit-taking.
And yet, despite all this momentum, the altcoin’s price has only seen a modest 2.72% hike in the last 24 hours, trading around $0.722. On the surface, this didn’t seem to reflect the volume of capital moving into the token.
Price Action Highlights Hesitation
A look at the 12-hour chart painted a picture of consolidation.
The altcoin was still trading below its 50 EMA at $0.803 and well under the 200 EMA at $2.02, indicating that it remained entrenched in a long-term downtrend. The Aroon indicator revealed the Aroon Down (orange) holding above the Aroon Up (blue), a sign that bearish sentiment remains intact. Additionally, the buyers seemed active but not dominant, hinting at accumulation without breakout confidence on the charts.
Wallet Growth Signals Sticky Hands
The steady hike in holder count is a standout metric that could explain this pattern. Santiment data revealed that the total number of VIRTUAL holders has climbed consistently to a peak of 27.2k, showing no visible signs of sharp sell-offs or mass wallet abandonment. This implies that the influx is met with conviction rather than speculative churn. That said, the lack of movement among zero-balance wallets hinted that while a few are exiting, some new speculative traders are also entering aggressively.
Conclusion
VIRTUAL’s high netflows highlighted rising interest, but the lack of a price breakout and stagnant technicals suggested investors may be cautiously accumulating rather than chasing quick profits. Unless the price breaks above key resistance levels, VIRTUAL might remain in accumulation mode despite leading the AI token pack.
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